ot such great news, guys... they are planning to issue another huge chunk of shares because of bad economics. Read out the SEC documents on their website. Posted yesterday:"A. The Company is authorized to issue two classes of stock to be designated, respectively, “Common Stock” and “Preferred Stock.” The total number of shares which the Company is authorized to issue is two hundred ten million (210,000,000) three hundred thirty-five million (335,000,000) shares. Two hundred Three hundred twenty-five million (200,000,000) (325,000,000) shares shall be Common Stock, each having a par value of one cent ($0.01). Ten million (10,000,000) shares shall be Preferred Stock, each having a par value of one cent ($0.01)."Its pretty sad. Its time to sell, I guess before it goes to *******..
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