"And if he had (a lot) more shares would he have taken the path of registry dilution or redmoor dilution? These are very valid questions.....because imho this was a bad deal......horrible dilution and cps can flog and flog at .008 creating a SP barrier for 20% gains with a load of stock....whereas if Redmoor diluted and it ends up kicking goals the SP can move a lot easier.....and he could have raised at a better price.....another massive error in judgement....."
I don't normally answer but here I go. Some one get the landing net I think I'm hooked lol
The first bit about Gary and him buying shares I'm not bothering with as I've already said my bit on that.
But the rest I'll reply to.
Dilution to Redmoor or registry.
Your saying Redmoor. Well I'm not a fan as this then puts us as not being able to have a equal say in controlling the decisions made with Redmoor.... Yes I know that they (SML) said that NAE would keep equal voting rights on decisions but lets be real here....
Right now my opinion is Redmoor is our best chance of becoming something more than a 3 Mill MC Co.
If it's as good as we all believe this dilution will not matter so much but the reduced revenue from 40 % will stay with us as a poor decision a lot longer.
Very much agree though with your opinion on how cps can flog & flog at .8c, yes a wall will be made nothing surer.
If Redmoor is as good as it's meant to be the SP will eventually climb over it, it's just making it a longer hold I'm afraid..
So for once we do agree on something.
I hope one day you decide to buy a few and I know that you will be saying only over Gary's dead body but you never say never.
Ossie
