GREY:NDXFF - Post by User
Comment by
jimrockfordon Nov 23, 2010 9:07pm
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Post# 17748510
RE: Anonymous
RE: AnonymousMr. Shaker, these in-the market financings done by FON's (Friends of Neil), do a real disservice to other shareholders. If not for them, NDX would have easily been double its year high of 42 cents and financings would have been done at much higher prices. In effect they have greatly diluted the shares outstanding - and placed the new shares in the hands of FON - with warrants to boot.
Nobody on the bullboard should be surprised re this. Let's hope Gale Capital isn't surprised, either.
Cheers - and a sincere good luck to all shareholders.
Jim