GREY:AUAYF - Post by User
Comment by
grumpymonkey007on May 31, 2008 10:50pm
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Post# 15131525
RE: dilution
RE: dilution"NO! C'mon do your homework. There are only 114 million shares out now.Only 1-1.5 million in warrants or ther option shares are even close tobeing exercised. Add in the 21% of this brideg deal and that is only 24million more shares.....114+1.5+24= 139.5 million shares out after bridge fin. So you're only off in your bash by 60.5 million shares or 43% ....but then you knew that before you bashed, huh?"
Perth,
You have taken my response out of context. Talktome01 - the guy I responded to suggested we could be fully financed with around or over 200M fully diluted shares - AUA is just under 3/4 of that as a result of the bridge financing already. In my completely uninformed opinion, AUA is not going to secure half a billion dollars for 60M more shares.
It's not a bash - it was a response to what was an outrageous assumption.
Back to your regularly scheduled holstered trigger pulls. Running out of toes yet?
Cheers,
GM