More shares is a good thing
posted on
Jun 23, 2005 07:23AM
as long as the price goes up proportionally or higher. So let`s see what happens with the stock price today. If we stay in the 15 cent range even with the announcement of more shares coming that may be a good sign. We could be at 7 cents by the end of the week of course, unless there is some good reason for the new money ( new shares ). Perhaps there is a reason we don`t know about yet, but the insiders do. I would sure feel encouraged to hear at the SHM that Robert and Atul are holding shares in the company. Or even better how about someone is holding shares right now being on the board, given that those on the board do not believe in the company enough to own the shares and say so. I can think of a few people like Gil or doni or LL or ? and ? ( or even myself )that have way more shares than Robert or Atul ``show``. Then again maybe some one from Wencor or ? would be willing to own and say they own shares and want representation. Who wants to be on the board and who will vote their shares at the meeting to get one of our group of loyal shareholders a real voice? Mediator are you willing to start another list? LOL. I figured if the list contains 100 people and on average each has 100,000 shares that would make a nice block of 10 million shares. Oh maybe that is the reason for the number of shares to keep others from gaining control or even having a say.Or perhaps they can be used in partnering for services. So here are several questions for the board. Last night I was very encouraged by the pr. and this morning discouraged by the thought of more shares. I can only hope that there is a way of making money for the shareholders out of this strategy, after all that is one of the responsiblities of the board!!!!( a big responsibility in my view! )