Glengrove must agree to dilute Jones within the next three months, from October 15 - Jan 15. Now, I'm not saying I know when this could come (repeat, I have no idea when this could come) but the amount of shares Jones management decided to dilute last time was extremely large.
Jones won't let this opportunity to dilute pass them by. Last time they diluted for 900,000 shares and cleared $1,100,000.
They still have 4,300,000 shares in the agreement left to dilute shareholders with, it's only a matter of time before they announce it.
Jones is now in the 2nd of 8 quarters which it has signed a contract to dilute shareholders, the clock is ticking until the next announcement comes!
Not too many fund managers would recommend two plays in this sector, on what would be considered high risk/speculative plays.
In reality, youre here pumping REEDs, so why not be up front about your agenda?
If Pooh wasnt here 24/7 bashing JSDA and pumping REED, we'd have a much better attitude towards that stock. Tell you buddy Pooh he can catch more bees with honey. I realize his skull is very very thick, but maybe if he hears it from REEDs shareholders, it will eventually sink in.
the outlook for REEDS/VIRGILS is pretty rosy and deserves a look by anyone wanting to take some risk....... I would think that even JSDA holders are interested in making $$$. after all, isn't that the name of the game??
using this totally distorted logic, JSDA shareholders should be happy insiders dont own more shares, because they havent started buying yet.
Its much better than them having a big ownership stake like Chris Reed, who will have to sell in order to diversify.
dooooshlips pooh will wave his pop-poms over a penny drop in price...
meanwhile that dog with fleas REED traded a total of about 24 grand total which illustrates THERE IS NO INSTITUTIONAL INTEREST WHATSOEVER!!!!!!!