would you be able to speculate on why they gave themselves no share protection and what % of the o/s you think is being held by insiders (either investors like yourself, management, or converted shares not being sold yet into the market)???
the a/s could very easily be maxed out soon at 300mm and then management has no preferred to push an increase through or protect themselves from a take over... never seen a situation like this, where a vote would actually count on a share restructure, or where a group could buy up control of a company like this...
i'm wondering about the float because it seems as if there are quite a few shares that aren't being sold into the market, yet the o/s goes up daily... i'm really wondering how many people hold more than 5% of the o/s and aren't filing a 13g, not that you would actually have any idea about that... just seems that way to me...
seems odd that you and the other poster both came on here today, but i'll be happy to listen to anything either of you two have to share...