Tuesday, September 27, 2016 9:45:01 AM
Appalling statement for shareholders. 'Proudly'? Dilution should be a last resort for a company attempting to stay in business until a profitable operation can be established (something BIEL has never accomplished). However, it should never be done with pride - it's an admission that the company is unable to operate profitably.
BIEL - proudly destroying shareholder value.....pretty sure that is not the message the company wants to send.
Share count is always relevant - huge impact on shareholder value and stock performance, which is why people invest in the first place.
A statement for which there is zero evidence.
What happened to 'the days of dilution are behind BIEL'?
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