Balaton Power Inc BPWRF

RE: EXPENSIVE $$ in the till

[aprettypenny]

Late game change???
Perial was the largest shareholder with 25,000,000 shares.

Now we have three directors of Balaton issuing effectively controlling 18,000,000 shares if warrants are exercised.

How many shares do these directors own previously?

Is there fear of a take over from Perial?

IF, if and more if's, but if Balaton really does have one of the most valuable bauxite reserves in Asia tied up and (after 6 years) is ready to cosumate the deal, why issue so many shares if it is not to defend against a power grab.

Lessons:
1. maybe we are close to an end of some kind
2. maybe markets don't like the looks of selling 18,000,000 shares off for just $180,000,000  and a few pennies of warrants(if this is the mother of all bauxite deposits)
3. maybe that is why this is only trading at 7 cents for now and why if you go to level 2, it could be trading at .01 or even .001 in a few heart beats

Money in the till?????? Whose till?

[ganzer]

Gee Penny .. lower that dosage .. The Directors don't own the 9 Million shares .. they get to divide three ways the 500,000. . Not much but they are putting their names on the line so no complaints here.The 9 Million x 3 in the PP went to big hitters like yourself who will finance the company in it's quest for ablue chip consortium. How they will vote for a new board in the next AGM is up

[aprettypenny]

Ganzer:The 500k will, correcdtly, be divided proportionately.The other shares and warrants are now out ther3 and if exercised to their fullest, mean more dilution for $180,000 plus exercise cost of warrants into how many years into the future.So, $'s in the till for what?????

[ilovebauxite]

Penny. The p.p. was an absolute necessity. Money HAD to be raised in order to get the corporate side in order and pay off old debt.  That is what the money in the till was for. As well as for future endeavors.........Until a consortium/deal is consummated, this is still a speculative stock, and the subscribers in the p.p. ought to be rewarded for their risk taking.......As penny stated,&