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13:09
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Originally posted by mightypirate
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No, because that would dilute existing sophisticated shareholders, and it would also dilute the potential gain for future sophisticated shareholders. You are thinking in terms of a public offering that is made in desperation. Newzulu, however, does not need this kind of discounting. They (and the investors) will want to keep potential gains for investors as high as possible. The less dilution, the less shares are issued, the higher the potential profit per share. It simply does not make sense to dilute too much.
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