We all know the financial condition of Andalay. Virtually all companies that fall as hard as they did are out of business quickly. They have survived. When they were essentially bankrupt and without a supplier someone ponied up the inventory in exchange for worthless shares. Why would anyone do that? Then, two high powered solar executives sign on for shares. The ongoing recovery and march to profitability has been funded by worthless shares. I cannot see how any of the insiders will benefit from dilution. The only benefit is not having toxic debt.
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