I believe you are incorrect. From my understanding, they have enough cash to acquire the company they announced without any dilution to shares. I'm not sure where you are getting your information from.
According to the 10Q: The Company currently generates its cash flow through operations and the Company believes that its cash flow generated from operations will be sufficient to sustain operations for the next twelve months. ..as of June 30, 2005, the Company did not have any plan for additional capital through external funding and financing.
I'm long on this stock and believe we will see 3 by the end of this week of early next week.
Good luck to longs.
According to the 10Q: The Company currently generates its cash flow through operations and the Company believes that its cash flow generated from operations will be sufficient to sustain operations for the next twelve months. ..as of June 30, 2005, the Company did not have any plan for additional capital through external funding and financing.
I'm long on this stock and believe we will see 3 by the end of this week of early next week.
Good luck to longs.
