GREY:WSCEE - Post by User
Comment by
chipmonk123on Jul 25, 2007 7:18pm
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Post# 13151250
RE: WOW!!
RE: WOW!!No apology necessary tbrown.
Now, what I do not understand is why the company would NOT register the December 2006 shares with the SEC, knowing full well they would have to dilute the remaining shares by issuing 10% more of them. What's up with that?
Do any of you out there understand why the company would want to do this? Do the purchasers have a "cozy" relationship with management which would explain them being granted 10% additional shares and warrants, essentially for free?
The Vicositor is still sitting around doing nothing. I'm an engineer myself and I guarantee you it is not believable that Biles is doing this unintentionally. There is a purpose to these actions -- and it cannot be in the shareholders best interest insofar as I can determine.