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  4. Imagination TV, Inc. (IMTV) Message Board

Huh? What the heck are you talking about? Absolute

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Post# of 45510
Posted On: 04/03/2013 2:57:09 PM
Posted By: gmoneypenny
Re: Ray Bob #20602

Huh? What the heck are you talking about? Absolutely there is toxic financing. Steve has even admitted to it. Perhaps you just don't like the word "toxic". "Dilutive financing" and "toxic financing" can be used interchangeably.


When a company issues shares at a deep discount in exchange for a lump of cash, this is "dilutive financing" aka "toxic financing". This has nothing to do with ihub or whatever you're talking about there. This has everything to do with Steve paying for everything with shares. Why do you think the O/S has grown so much over the past 6 months or so? Sure, perhaps he's using the cash appropriately and building the business. Or perhaps he's using the cash to just line his and a few others' pockets. Hard to say.


Please tell me you understand "dilutive financing" or "toxic financing". The proof is in the numbers. Again, in full disclosure...I own shares and am looking to possibly buy even more. But that doesn't change the fact that I think Steve doesn't know how to tell the full truth about much of anything.



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