RE:RE:pp are relevantratsnake220, I have heard this argument before from quite a few people. And if the money gets wasted then yes I would agree with you. However, if the money gets used to fuel growth then I would say that is a smart move. The alternative method to raise funds for growth is to borrow money. I would much rather see them sell shares at this point than borrow money. I woudn't say stock is crumbling. It went from $0.67 on Dec.2 to $2.45 on Dec.14. That was a 265.67% increase in 2 tweeks. It has now pulled back 57.14% to $1.08. (and entire shroom sector pulled back). I call that absolutely normal and to be expected.
ratsnake220 wrote: what i said yesterday is oh so true...pp line the Board members pockets....as compnay has no sales....So now dilution...and when they burn the money you have another pp....to line the board members pockets....i said this yesterday after a poster naiivity said that pp have no bearing on the company....oh yeah....look at the stock price crumble