Saturday, May 02, 2015 9:14:17 AM
Don't get me wrong, I consider myself to be somewhat critical myself and think critical minds are important and welcome.
Where you loose me is when you make one argument (float is too big), get an answer to that argument and then - instead of defending your view - immediately switch to a new argument (dilution).
Go back and read the press releases on the dilution point.
Not to say that there won't be dilution from existing debt. Controlling that is definitely something we would all like to hear some news on.
I am pretty happy with recent steps. For us to be able to have a legitimate shot at returns in the 100s of percent, it requires a massive change in the company.
In other words, we need to go from a very bad place historically (no argument here) to a good place in the future. If everything was good historically, it would make no sense to anticipate the possibility of such returns.
The bad is part of the potential good here - if they keep making progress like they have.
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