Agree. I am still angry it took so long for the cash dividend policy. The company has always had an attitude of, it doesn't matter if the stock price is temporarily cheap right now because things will work out in the end once catalysts are hit and the stock price will fly. Well if you are forced to issue shares and the stock price is under $1 then yes, it matters..Myself (and other shareholders I imagine) have pushed for a cash dividend since at least 2 years ago but it fell to deaf ears including Dan. If they would have announced a nominal cash dividend 2 years ago (they could have easily paid this by pulling cash from decreased cap-ex) then Solomon could easily be issuing shares at a closer to normal valuation and dilution would be nominal. Now he's forced to issue at $.55 cents and everyone feels the pain. On top of that, you invite allegations (though proven untrue) that have been written on this board on a constant basis. Solomon, Dan, and the board are responsible for the dilution to shareholders due to their complacent attitude over the years. At least Garrett has talked some sense into Solomon since he is finally apparently listening to shareholders and others within the company. So hopefully the rest of the year will be accomplishing very common sense milestones that will push us many multiples higher from here. Convincing Solomon to listen has always been the hard part, not figuring out what plan of action to take, and it looks like that has finally been accomplished.
