canestsal, Of course, you know that the SmarTire share price back then was around a half penny which is 5x better than we are today. With the continued plunging stock, that puts the 10.9B voodoo financing shares closer to 50B+.
The management isn't interested in making the sacrifices necessary to be profitable anytime soon. They have not considered suggestions such as:
- Defer the salaries over $50K/yr or even those over $100K/yr until profitability
- Firing those responsible for paying Cornell an $18,000,000 voodoo financing fee for a loc that never materialized
- Insider buying...none
- Inability to nuke patent thiefs.
- Why did Taiwan Bus and Bejing Boom never materialized or HACO was such an abortion?
Sadly, I fear we will see between a 1000 and 10000/1 reverse split if the company isn't torpedoed first.
GL, R
