Tuesday, April 28, 2015 9:07:54 PM
Last week saw 10 percent of the float change hands. For under half a million dollars you could buy all of it. That's nothing.
I'll agree with you one more time today and then go cut some vegetables for dinner:
The track record of this company historically has not been impressive to say the least. And you could certainly argue that it did not create value for its shareholders to put it politely.
Sometimes, and it probably doesn't happen very often, people actually learn from their mistakes.
Lastly, I am not so concerned about the authorized. The company can issue as many shares as it wants as far as I am concerned. It just has to create value for its shareholders in doing so and not just enrich short sellers and toxic financiers.
So its not the size of the authorized but what is done with it.
Have a nice evening. I am sure we'll chat more and as long as you keep it constructive I would welcome your feedback.
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