RE:RE:Ah, good old GET...Penny now doing Yield Growth www.yieldgrowth.com This looks like another pump, dump, and dilute hot mess! They are doing an IPO at 50 cents. Raising $2.5 million. They pay their CFO $200K salary plus an additional almost $100K per year in professional fees. That's $300K for one employee... Then they pay a VP of licensing a fat $200K salary... Bottom line is this deal reeks of no substantial revenues. All they have is a bunch of cosmetic product patents. Glance Tech owns 20 million shares in this deal post IPO or about 18-20% of the deal. Penny gets a $60K salary but the real capital structure bandit like fact is she has owns about 25% of the deal and has 2 million options at a dime that fully vest on the first day of trading!!! I can't see how they would justify a $50 million plus market cap out of the gate. Keeping the stock above the 50 cent IPO price will require lots of money being spent on promo as the float increases. If they push the stock up with a small float and then raise money higher, all those investors will lose money as the dilution increases and the house of cards falls. This is another bunch of entities owned by Penny smashed together into a garbage can and it is being peddled to retail investors by Leede Jones Gable... Likely Larry Martin again as he did Glance IPO at 15 cents. Leede gets plenty of goodies. 10% cash and 10% warrants at 50 cents while the general public warrants are at $1.10. I just hope folks don't get sucked in at high prices on this like they did with Glance. Beware of all Penny Green deals. Get in early and take profits often and or short once the fluff settles...lol GLTA!