GREY:SCSZF - Post by User
Post by
vandenpon Dec 09, 2004 7:54am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
65 Views
Post# 8289542
Here's an answer Spinner7
Here's an answer Spinner7You stated "Nobody has come up with one good reason why they would not do one (a PP) at these levels"
Here's one Spinner. Because they do not NEED to do one. Unless they are continuing to lie to shareholders and they are not cash flow positive like they again stated.
How's that for a good reason?
Do you agree with this? That they would not NEED to do one if they are not lying about being profitable?
Don't worry. I don't expect an answer.
My point is if a PP is offered at below $.25 they are either lying about being profitable (which is what I believe) or they are unnecessarily diluting the shares to the detriment of loyal investors.
Do you agree with this? Again, no answer expected.