Does not look good to me. I'd rather they do a share buy back and reduce the OS. I'm holding on to my shares unless my understanding changes drastically.
Look at their example in Q&A. IF the PPS were to be $.05 and you had kept your 1 mill shares you'd have $50,000 or the $.50 example you'd have $500,000.
What am I missing?
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.