funding plan, page-35

http://au.messages.yahoo.com/finance/finance_stocktalk/94984/ Re:Ventracor-Please don't issue new shar ... Reply to this message
.....second part of posting
I think it is unconscionable that you would consider issuing new shares at the ridiculous price of EIGHT CENTS! This is a massive slap in the face for those of us that have stuck with you. The value of my shares will be greatly diluted by this share issue. It is not in the interests of your existing share holders to be still issuing shares when the value of them is so low. I paid over $300,000 for my VCR shares, and it is just wrong that someone could now purchase the same amount of equity as I have, for a paltry $27,000! ( I can remember in 2003 giving you $2.25 a share in a share issue, 28 times the amount for this current issue).