Wednesday, September 20, 2017 1:00:23 AM
Pros
Staying on nasdaq
Cons
Longs from 2012 split 50grand investment is now worth 8300. Same management
7million shares available post split with ladr to fund
Nant per kman could be years before revenue is seen
Additional shares will be requested due to low float and funding needed
High salaries that have been based off a 150m to 300m market cap company yet we're currently 60m
Bonus's awarded for personal accomplishments and not based off company success
Chairman of the board and CEO both kman so zero corporate governance
Short attack after split due to 2.50 rule being lifted
Lawsuits still pending which are not completely covered by insurance therefore additional dilution will be needed.
No transparency to what funding actually goes to
Ridiculous stock options
Extreme lack of PR
Pay the salary to PR staff that does not respond to shareholders
List of lawsuits filed against CEO that have been founded causing an sec fine
Gross misappropriation of funds
Voting yes will buy at least two years of the same path while having shareholders dragged through the mud waiting for ladr.
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