consolidation....I think that consolidation, as mentioned in another post, is the key to attract potential intitutionnal investors and the like.
At these prices, investors tend to shy away from such cheap prices.
On the other hand, bying into a comp. when it is at "ground zero" so to speak, can also be very rewarding.
By consolidating, why would NFC dump more c/shares into the market?
They're already making money and will make alot more as they finalize the GPSC/IPO integration by the end of the 2nd quarter 2004. There are currently 452,011,521 shares outstanding. At a ratio of 1 new share for 5 old, NFC would have 90 402 304 shares outstanding, which is perfect. If another acquisition presents itself or for whatever other reason, they will have the cash on hand. No need to finance by share offering.
Personally, I'd rather own shares at .15c then .03
Hope it works out by Christmas!
Potty trained for ever.