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Friday, May 27, 2005 11:26:33 AM
Look, Mike, it doesn't make sense for a r/s unless there's something more, something which will support it, as it did at Orchid.
The company has already explained the reasons for the R/S. They need more shares to gain revenue through dilution. They are quite specific. There are no hidden agendas nor secret promises.
The R/S makes 'perfect' sense, in order to achieve this goal. It will free up a multitude of shares to generate revenue. Nothing more is required.
And then you launch into this twist.
But frudaky assumes, and wants us all to assume, there's nothing, only the r/s.
Frudaky is just repeating the companies line. It is you, who 'assumes' there is something more, and condemns Frudaky for not awknowledging it.
Realize that it is two of your assumptions that guide your diatribe. One that the R/S doesn't make sense on it's own, two that there MUST be something more.
Both are your own personal view, neither are supported by the company.
regards,
frog
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