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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by coolrunningon Apr 28, 2011 9:21am
214 Views
Post# 18499556

RE: FUNDS IN PLACE NOW!!!!!

RE: FUNDS IN PLACE NOW!!!!!

"There is less dilution than if July 75 cents warrants were exercised.  We are up to 204 million shares o/s compared to 244 million shares o/s had we gone the July 75 cents warrants avenue."

Are you saying this is a good thing?

"I guess all of the selling came from these 4 underwriters whom probably sold the stock, are covering their short position with the purchase of units and, get free warrants."

There were 14,000 shares shorted at April 15. Are you saying that the underwriters are not reporting their short positions? 

I think you love to blather and not know what you are talking about....

Are you a politician?

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