OTCPK:SPVEF - Post by User
Post by
Barley1on Jul 07, 2005 9:58am
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Post# 9251406
Dilution
DilutionIf my first grade maths is right, new sotck issued 57.1 million, as opposed to 39.9 million, so circa 40% dilution if warrants exercised. Still they have the money - and before the Yuan devalues, if it does - and they had no trouble getting it, at close to the current market price. All sounds good to me.
barley