GREY:NEVDQ - Post by User
Comment by
Atouchofclasson Aug 23, 2016 1:19pm
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Post# 25168365
RE:is it really black or white?
RE:is it really black or white?Rock,
To be fair I really think you should not assume dilution is not in Pala's best interests.
Let's make this easy and look at a pie. Right now we bag holders have a healthy portion of that pie and Pala has a large portion of the pie. Every time Pala buys cheap shares at whatever price they dictate, the pie stays the same size, our portion shrinks and Pala's gets larger.
Pala can keep doing this at really any price until their portion is almost the full pie. Basically they can turn our equity into their equity for a very minimal amount of money.
They pay a nickel to steal a dime from our pocket.
It is a guaranteed way for them to make more money at sale. The money they spent in the past is gone, they are looking at how to maximize returns going forward.
Unless something happens soon we will all be eating crumbs.
- Class