Oh, god, I have to re-listen after you said that. At 32 or 33 minutes in, he defends his stock price and promising never to have a reverse split and that those that propose it "have their head up their ass..." Well, wait hold on. I didn't catch this part where he says "you can never say never." So he does leave the door open. But he has zero plans to do so. Well, plans can change. They'd have to take a shareholder vote first, file a proxy, etc. etc.
He does say "we are on the New York American Stock Exchange" and that they are "not on the Nasdaq." So he does make the distinction between the NYSE. I just didn't catch it. My fault.
So, nothing bad there. Just still the whole rationalization to the ATM is sleazy justification. It's good for him. I'm sure he's not happy with it as he claims. But he is better off regardless as CEO of this empire rather than a college dropout. The problem is the trail of dead bodies left behind. That's my only gripe and hence my sleazy label. I just get the impression of deregulation gone wild. So I understand the libertarian friendly viewpoint. Scam artists or those that see that the means justify the ends always hate regulation. But that's just how I see it. And "long term" is always a convenient excuse. Which, admittedly, our own Gary of MICS has used to justify that sleazy $4 secondary price on the lowest end of the range. So, in short, two sleazy moves canceled themselves out for poetic justice from my perch as I see it! It all worked out.
In short, I concur. SLEAZY. Even if we got to that conclusion by different methods. And sleazy does have its place. I wouldn't call it evil.
