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Re: DonJohn post# 32613

Saturday, 05/13/2017 4:16:34 PM

Saturday, May 13, 2017 4:16:34 PM

Post# of 61601
An extension of the RS is not mentioned in the recent ER. Previous ER said on or before 8/29. Further reading reveals stock options are maturing on 8/30 or so, so the RS is needed to permit employees to exercise their options. I assume the wait has been to pay down as much as possible before permitting more conversions AND permit employees to get their options exercised before the OS grows too much.
I suspect this split/conversion cycle will be the last, but longs will have to hold through it to see the light at the end of this tunnel. The light should be a stock price over $1. That would be 40X current price, which is fine with me. All I want to see is a clear 10X, and I do think that's doable.