RE:RE:RE:RE:RE:RE:RE:" Geektome " the basher appears again..lolUmm... he hasn't indicated any numbers in regards to starting up Jetlines and described the market present back when WestJet was 5 years old and growing their business out to what it is today.
No one knows how the financing will work yet as it hasn't been announced, but there are options that would keep dilution to a minimum, and a far cry from tripling the share count.
Besides, any dilution is welcomed when the other option is not operating. So what that instead of going from 50 cents to 2.80 it only makes it to 1.00? That's still a huge gain if they have that amount of operating revenue
emiliolargo wrote:
So Greek, what you are saying is that it would take 50 to 100 million of startup funds to get JET going. This will dillute the company to no end and create three times more shares, maybe we will settle at 25 to 30cents.