adobong4 May 2013 13:27
No idea mate, I was merely repeating what i had read somewhere.
I can however see the benefit (to those who are recieving them) of issuing shares in exchange for working capital.
Ok, you and I will have our holding(and share price) diluted, but they would have shares at the diluted price.
You see it every other day on aim, and as much as we are no longer listed we are still in that bracket.
im relatively happy that we have not gone under, as was a distinct possibility, and quite prepared to salt them away for a year or two and see where we are then.Like you im not holding my breath, but this company should have done much better than it has, setting aside the reasons why it has,nt, it now has the opportunity to fulfill its potential.