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Monday, March 24, 2025 1:50:31 PM
And, not to mention that if things continue as they are (very slow growth) management may decide that they want to acquire another asset (they have mentioned having some thought towards that) or to raise more funds to try various other means to boost business (more salespeople in the EU or advertising here or even figure they need another trial to prove Nissen's gang wrong). Who knows. But with only 20 million shares it gives them a lot of runway.
I am sticking it out here past the RS. Still worried shorts may drive this lower after RS but I do buy the argument that it is so undervalued it would not make much sense for that to happen (of course we know that market is not always rational). However, if there is any movement towards dilution afterwards, I am out. And will be deducting 3,000 on line 7 of the 1040 for every year of the few years I have left.
Hoping it doesn't come to that. My fond wish is for them to quickly turn a profit. A RS split means that the profit as expressed per share will sound much greater after the RS. But we have a ways to go to turn profitable. Hopefully by the end of the year.
I am sticking it out here past the RS. Still worried shorts may drive this lower after RS but I do buy the argument that it is so undervalued it would not make much sense for that to happen (of course we know that market is not always rational). However, if there is any movement towards dilution afterwards, I am out. And will be deducting 3,000 on line 7 of the 1040 for every year of the few years I have left.
Hoping it doesn't come to that. My fond wish is for them to quickly turn a profit. A RS split means that the profit as expressed per share will sound much greater after the RS. But we have a ways to go to turn profitable. Hopefully by the end of the year.
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