Soho Resources Corp V.SOH

Like to see the upside kicker

[mattbigham]

As we just diluted the company by more than 50% for a million bucks.

Now.without vbalue added-and the company is not saying anything to date-this deal sucks and is screaming of desperation.

Why would NOBODY offer Soho seed capital?

With the obvious said,it is like VC says-the new seed capital has come in and there is a deal done we ,the average shareholders,have no inkling of what is to come.

The new investors did not dumnp in a million bucks without this company taking a new direction.

With barely surviving to diluting shareholders for a pittance I will be happy to see what the game plan is.

If there is a new game plan...........

To date I see nothing new but heavy dilution just to last another year.

[goldenyears888]

If i calculated correctly, the new share will represent only 20% of the overall shares outstanding after the new issues. if you count the warrant in it will be around 33% in total, so not more than 50% like you said.we can see some huge money pour into the gold majors recently, but not a lot in juniors. It would be nice to raise funds at higher prices, but in today's market place, survival is

[mattbigham]

You are seeing the glass half full so that is refreshing.Essentially,there were 100 million shares outstanding before this NEW investor came onboard.Now 25 million units at four cents were issued-that is 25%,no?Then there is a warrant attached.That is another 25 million. 50%.No?Then there is the cash and 750,000 shares for the finders fees plus a warrant.That is another 1.5 million shares dilution

[vc7644]

Matt, we have been in this for quite some time.  Knowing the gameplan wouldnt change a thing in terms of the price of the stock.  That is why I do not care what it is...so long as the share price is moving up at a time when gold is on its up rise.Ralph was never going to do a JV or partnership if it meant for the current management team being replaced or taken over by the JV/Partner