thanks for theat white pointer.
the prices are just unberlievable.. 100 bux!..
i rekon it would be actually very good if they do a consolidation at current prices to raise cash at 20c.
only would have to dilute by 50M @ 20c + 120-140M shares that would be outstanding after consolidation of 1:7.
so 200M outstanding shares after consolidation in total and have 10M in the bank with the first project up and running.
they would generate cashflow from that first project and fund the second one using profits from the first one.
it would be stupid! to raise 1/2 million shares right now and dilute shareholders value by half with doubling of market cap.
market cap would be 40M !
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- maybe 20 cents by march
maybe 20 cents by march, page-13
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