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Re: hunggar post# 24235

Tuesday, 04/21/2009 11:21:01 AM

Tuesday, April 21, 2009 11:21:01 AM

Post# of 154386
very true...i agree that the selling has been overwhelming. the reverse split is the straw that broke the camel's back though. What this company needed was an investor with very deep pockets to ride out the bumps in the early stages. but instead it was dilute as much as possible and as fast as possible. I understand dilution happens with small companies. this was just too much and too fast. fundamentals need to develop a bit first, then money should be raised at higher incremental levels...not the opposite where money is raised at lower incremental levels, which is the sign of bad management.