Everyone's entitled to his/her own opinion. But I don't think that this is close to "played out" yet, nor do I think that it will be anytime soon.
So Val as diluted the O/S over the past few months...
Yeah, it sucks. But the guy's gotta get some money from somewhere to keep running and keep the ball rolling.
We all assumed that he'd have financing secured by now, and we're all undoubtably pissed he hasn't closed on it yet. But just keep your heads up, grin and bear it. I'm still concretely confident that Val has delayed for good reason. (The offers he's gotten I'm sure didn't meet his satisfaction for the company and/or it's shareholders)
Outside of recent dilution, he's done well not to commit to any funding that would be wildly toxic.
My guess, he's holding out on "short end of the stick" offers and weighing out the pros and cons on what type, where from, and how arrangments are contracted for funding.
For the true longs here.....this is but a bump in the road that ones just need to "ride it out"!
GLTYA
OTOW LONG AND STRONG!