GREY:MDCGF - Post by User
Comment by
firebugon Oct 28, 2011 10:19pm
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Post# 19191990
RE: Gone wild
RE: Gone wild I certainly can see what some are saying about a possible roll back of shares. From the front of the MDG information form it says we have 212,000,302 shares outstanding and now with the PP an additional 34,550,000 shares which if my math is correct is 246,550,302 outstanding shares come middle of Dec. If PMI holds a 40% interest then they control 98,620,120 shares. Thats a pretty healthy chunk of the outstanding shares. Its pretty clear who has probably been holding this in the 60 cent range for ever waiting for MDG to run short of cash. Pretty good return on thier money probably within a year as production should be rolling along shortly from the plant. Would $3 be a surprise for a technology that is worth billions. I can see it all now the papers will be plastering "ROUTERS QUEBEC CITY; BIOTECH BOUGHTEN OUT FOR 750 MILLION". It would piss me off but I'm afraid were just little puppets in the big picture. Of course I could be out a buck or two either way. Be patient as the answer probably isn't that far away. Cheers brothers and sisters. PS If my numbers are wrong please correct me.