CP, no one articulates the optimist point of view regarding this better company than you (with the possible exceptions of masshysteria, cjgaddy, entdoc, and one other whose moniker escapes me at the moment). But when you begin speaking about a R/S in such indifferent tones, it really flips a switch on me.
In the 16 years I've owned this company, I've seen 55,000 shares, the purchase price somewhere around $150,000 (lot of money for me) be reduced (if this 1:7 R/S takes place) to a little north of 10,000 shares worth at today's prices about $4000 on a good day. Get the picture?
NOW I have to make a choice to buy more (if I want to make ANY money should the latest narrative of rosy scenarios come to pass) under the same management that has been totally contemptuous of the retail investor since I've owned this company.
So, if I want ANY chance of even breaking even at this point, I am required to buy now another nearly 100,000 shares of this company if I want to retain my same 15,000 share position post split. Of course, I would do this with the thieves who continue to naked short this at will still in control. Yeah, I know, when the news breaks about Bavi that will move the earth under my feet, I'll be VERY happy. Of course, given Fargo and Sunrise, I've heard this lullaby before. The question I need to ask myself is: fool me once. . . .fool me twice.....but is it prudent to stick my financial chin out again?
If this company has an ounce of integrity, they will file for the 6 month extension (and if they have the goods as you and others think they do, they will get the extension), lay their revolutionary Bavi biologic card on the table, and let the share price take care of itself.
IF they R/S when they know they have the goods, it is for one reason and one reason only: to dilute retail and turn over the massive amount of shelf shares to BP.
I just want to explain, again, why some of us are not dancing a jig at the moment.
