Has anyone seen any numbers regarding the "Stealth Dilution"?How much of the last 50M authorization has been sold?Anyone know?
"Anyone know?" OK...thanks for the answer to my question.
Diluted? I'm always at FULL STRENGTH, dude!!!
The question is how deluded are you? If you own the stock, dilution is your only hope at this point. A bigger problem would be thier inability to raise equity capital. But I guess you'd rather own more of close to nothing than less of something.
"If you own the stock, dilution is your only hope at this point."Oh Hogwash!Dilution is, has been and will continue to be a disaster.Do you really think Willmott is hanging on to enhance the value of your holdings or my holding or any other investors holdings.If ya listened to Clarks last CC and Ewiglebens first CC a couple years back, it was clear that Willmott was considering this path right after the big tumbled.Give me a break...for 3 years these guys have been putting more of the proceedes of thier offerings into their paychecks than into the company. Go back and look at all the 10K's.In 3 years they have slowly managed to tranfer some odd 40% of the market cap of the company from the stockholders equity into their personal pockets.Don't believe me...GO LOOK!The game is to hang on...transfer equity...and then dump it.It's happening everywhere. Geewiz wakeup.
I have to say 1.14 is about as sweet as this URRE is going to get... if you got in at near .70... SELL. Just my humble opinion. Fargo Dude