Zenyatta Ventures Ltd

in response to glorieux's message

"If they do announce a financing deal with a "Tesla type" for 10% of the company, I would expect a huge boom in our share price."

I think that would depend on what kind of financing it turned out to be. If they take 10% of the company for 3.50 /share I can't say I'd be happy with that. That's a big chunk of the company for not a lot of recompense. This would be the beginnings of how a company gets sold out cheaply. I would like to see even less a pp and the resulting dilution and low sp.

But we won't know until the particulars. We wait to see.

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Sum4All
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09/04/2007
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Zenyatta Ventures Ltd
Symbol
ZEN
Exchange
TSX-V
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62,884,284
Industry
Metals & Minerals
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