Just called Mike from MFN here you are the update:
1. Shares (see this news from 21.NOV.2008) will be new shares (... but is minimal compared to company size ... recession ... etc) - I personaly have no problem with it.
2. They will try to sell that much shares, but they do not expect to sell all shares they offer. - sorry for bad "economy" english.
3. They NOT going to accuire any company right now, altho Mike do head such rummor and "many people called" last 2-3 days.
4. Money will be spend for development of our projects especialy - Dolores.
5. Company is NOT yet cash flow possitive. They expect 2009/Q1 to be.
Reminder:
Mark will be interviewed this week and the interview will be available in Saturday @ Puplava
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