GREY:SYXXF - Post by User
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CHINVESTMENSTon Jun 18, 2015 12:07pm
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RE:RE:RE:RE:Management What are you doing??
RE:RE:RE:RE:Management What are you doing??You guys can't be serious right now. You think share price dillution is a good thing? There is absolutely no one buying up right now. Who do you think will buy these shares? PVE probably will but if that puts him at over 50% ownership in the company we could be in for a world of hate. That gives him the ability to rule out every decision. They haven't even released the price that each share would end up costing to raise the proceeds. The share price isn't going down for no reason. No matter how hard you or management sugar coats this, share price dillution is never good. It helps management raise money, not yourself. Never thought this would be at an all time low with stable business operations but that's the risk of a penny stock.
Good luck to everyone invested in Synodon. Just please understand what the news release means. There's a reason why the share price has dropped since this news release.