There seems to be some criticism regarding the 500 M to 900 M share increase in the AS, as seen in the stalled BTGI stock. I have mixed feelings. All companies tell their shareholders its in their best interests to dilute the value of their stock for the longer term development of the business. Its good for the new shareholders going forward, not so good for the old shareholders carrying the burden.

In this case, it will depend on how well the newly raised money is used, on how quickly they take advantage of growth opportunities. If Gurba just sits on things, the price will continue to fall.

But lets face facts folks, BTGI is a situation where the minority public shareholders are very different from the majority insider shareholders who run the company. We are just along for the ride, as witnessed in the new filing yesterday. Our vote was not even considered, no mailings were sent out. They made it very clear in several passages they do not need to consult us, nor did they.

Lets hope their coat tails pull us along as well.

As the old saying goes "a rising tide raises all boats". But some boats get raised higher than others. A level playing field would be nice.