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[QUOTE]Originally posted by blue_in_MI: [QB] I named this thread "Pro / Con" because, unlike many of the pumpers here, i actually feel responsible to portray a fair and balanced picture of the companies i like and own. And - a con that i have mentioned before showed itself again this week: another 1M share dilution, or about 6%: http://biz.yahoo.com/e/060403/jmih.ob8-k.html i don't know what the "going rate" for little boat company CEO and CFO is, but - it is good to be mr. tierney or mr. herndon: $425k a year, plus 800k shares, plus $1750 in auto expenses a month, plus 200k more shares, plus more options. and toss in 200k shares more dilution for mr. clemmens to sit on the board. really, i like JMIH, they have made progress, seem to be doing well, and all that. but the continous dilution is what keeps me from taking a larger position, and this week is yet another good example. there is certainly money to be made from JMIH if you are in the top of the company. but - as a shareholder, i don't like the dilution, and it keeps me from taking a larger stake in JMIH. [/QB][/QUOTE]
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