GREY:SFMGF - Post by User
Post by
tweezer1957on May 25, 2007 9:49pm
115 Views
Post# 12842808
This has to be a joke?
This has to be a joke?Come on people, this company does a few million in sales and looses more than it generates. Yet they are hring fancy directors.
Fundamental principles tell you the only way this company survives is by issuing tons of stock at low prices to insiders. Your shares will be diluted but yes that is better than bankruptcy.
This has happened time and time again.
Even if there is massive potential no serious bank can lend them money hence dilution at your expense.