Posted On: 06/19/2014 10:12:25 PM
Post# of 43065
Quote:
IF SUCH SHARES ARE ISSUED AT PRICES BELOW WHAT CURRENT STOCKHOLDERS PAID FOR THEIR SHARES, MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES"
Wow. They can't even get that simple statement right. The price paid has nothing to do with diluting the value of shareholders' shares. They WILL be diluted regardless of the share price when issued.
Must have been the new CFO who made that brilliant statement.
More of the same.
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techisbest
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