YGYI's direction looks solid. Her growth is reasonable and evident albeit slow. Use of bottom-line cash in order to grow and project revenues is a reasonable excuse when speaking to a stagnant or declining bottom-line profitability number. Revenue and growth wise, she appears more healthy than ever before.
However...until Wallach finds a massive revenue driven and substantiated use for his shares, the elephant will always be in the room. Shareholder value lies completely in his hands as it did when mass dilution destroyed it. Continuing to shelve his shares for the perfect opportunity, which may never come, is negligible. IMO, he should have had a much more expedient and grand plan prior to the merger and mass dilution of shares. Although typical CEO behavior, at this stage with his current holdings, to continue to receive shares via stock options is criminal and speaks volumes to his greed. This is why the stock price sits where it is today and why mature and rational investors do not feel comfortable moving into this equity.
Disclosure: I am still long YGYI with over 200k plus shares and sit marginally underwater. My glass sits half empty until Wallach drops a revenue stream bomb or dissolves a portion of his equity holding in this company in order to create shareholder value. With integrity, I do believe Wallach and YGYI can create exceptional shareholder value over the next 3-5 years providing he doesn't fleece the profits for internal gain. Obviously, new investors will fair far better than us aging bagholders.
