GREY:LEDIF - Post by User
Post by
ledrogon Jan 14, 2016 10:34pm
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Post# 24460562
Preliminary results....are they going to dilute more now?
Preliminary results....are they going to dilute more now?Not enough revenue to cover expenses....and that means more shares usually. $12.5 million with a $2.5 million backlog is what they're saying....which kinda meets their guidance. But if it ain't enough to pay all the salaries and other expenses, then the shortfall has to be made up somehow.
Maybe hire another promoter to bring in more sucke...errr I mean investors.
The outstanding share count already jumped from 100.3 to 112.3 million at the end of 2015....How much higher do you think it'll go now? The lower the PPS the more shares they need to sell to keep the lights on imo.