![](https://investorshub.advfn.com/uicon/33511.png?cb=1696427377)
Saturday, December 12, 2015 10:27:00 AM
but these guys took the 1-Bil. AS increase from Aug. 2014 and went on a reckless $34-Mil. spending spree, undeserved salary increases and bonus payouts
all of which ultimately destroyed the company and eviscerated all their shareholders' long term holdings and positions
with ESS being the ultimate "make or break" 1-trick pony for salvation
it's simply incomprehensible, outrageously destructive and a total disreguard as to why they didn't buy any revenue producing assets at all that would have put cash on the books and dramatically extended the cash burn runway for everyone
but instead, assets that were still in early development and require mega-millions to develop further
Geralds Dx spin out fail safe of AMBS Dx Div & quote (slide 33)
![](http://imageshack.com/a/img907/5421/mq9mOY.png)
"We're working on spinout out our diagnostic division in the near term that will allow us to put some significant capital on the balance sheet and really demonstrate the value proposition we have to investors"
http://wsw.com/webcast/ldmicro9/ambs/
how will they do this with no cash on hand...its hundreds of thousands of dollars and even millions to successfully uplist
unless they have help with a JV or a cash partner....
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