GREY:CLLZF - Post by User
Post by
LonewoIfon Jun 18, 2010 12:20am
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Post# 17200632
CEO to investors 'more dilution coming'
CEO to investors 'more dilution coming'Now that the maggots in CLL have confirmed thier shareholder disaster plan called "50000 b/d at any cost by 2015" and admit dilution is in the works again, its time to call a spade a spade. This POS stock is still near 5 yr lows, after 3 yrs still pumping out a lousy 7500 b/d, in huge debt, 1/2 a Billion shares outstandng. They report 2011 will be a cash stash for the next phase and getting a willing partner's a slim chance (as no one likes this management) so get ready for another huge surprise dilution. Now I see why insiders never buy shares, outsiders never buy shares, daily volume is pathetic and I'll never get my money back and with a billion shares soon, a P/E of 400, not impressed.