Looking at our current (pathetic) market cap and considering we may soon have 150 million shares outstanding where does the PPS ultimately go ?
At $0.30 we would have a 45 million market cap...higher than we are trading at right now by a couple of million.
Will there be a small relief rally and we revisit the often failed price of $0.52 area ?
The Oxford et al loan still needs to be dealt with....will it come before the next raise ?
Was DOV's spreadsheet 180 million share count a post reverse split number ? He mentioned it in the past but hasn't addressed it lately.
Wall St knows there are now lots of shares available for management to offer....does anyone think they will not press for a even more horrendous deal than the one from a few months ago ?
It really looks like it out of our feeble managements hands anyway. They have to sign and everyone at the table knows it.
Yes Hedge that is the question. Do they take the foot off the neck or do they choke this dog until it can no longer breathe? So the stockholders will be left with either a dead dog or a crippled one. Not much of a choice I would say.
Since I have pretty much written this off as a total loss, I look forward to seeing Shady Shabby thrown under the bus to join the rest of us bag holders.
It’s hard to imagine anyone willing to take a chance on these crooks.
Great leadership requires a only a few quality attributes in no particular order:
8) Self Sacrifice
Sometimes I daydream about a new CEO taking over and making the following announcement:
Under my new leadership all salaries will be frozen or reduced until we are profitable. I personally, will be paid one dollar annually until we are profitable. All incentive programs will be frozen or modified lower and in some cases retracted. The belt tightening starts at the very top and the buck stops here. To show my commitment and confidence in our company I’m investing $ 5 million buying stock on the open market over the next few months. I will honor the request of our shareholders by providing written answers to their long and outstanding questions and will post this information on our website on the FAQ webpage. Will also add a new feature to the website where anyone can post a question and will receive a response within 72 hours. Obviously there will be some filtering to avoid duplicates and the like.
The whole Lorem Vascular deal is no more. I personally apologize for our previous management’s lack of honesty and transparency. I promise to be truthful about all potential deals and timelines. We have a lot to do and I’m totally committed to the task at hand.
Bla bla bla…