Ayala Pharmaceuticals Inc (ADXS)

[Simple Steve]

First, you slyly use the phrase "efficiently raising capital" as if a company should always be allowed to issue new stock and dilute as often as it wants. If every company were allowed to do this, then no company would ever go out of business. They would simply continue to steal from shareholders' pockets and claim they have a right to "efficiently raise capital" to keep the business going forever. There has to be some point where shareholders can say enough is enough. At some point management has to produce, don't you think? Second, to continue with your "sinking ship" analogy, you may choose to sink to the bottom of the ocean with the ship if you want, but when I see gaping holes in the side of the ship and it's going down, I jump off.