Angelo Ponzetta continued, “The other issue that has hurt us is that our convertible note financings have caused a large amount of dilution in our outstanding stock over the past nine months. While, we still have this issue, the dilutive effects of stock coming to market through this mechanism has slowed. We are working diligently to eliminate this problem.”
It was very - Transparent & Honest - for Angelo to address this issue, in this manner! - IMO
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