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Wednesday, October 05, 2011 5:27:46 PM
If I were running the company and my books showed that I had aproximately 2-3 Quarters of burn rate left(has anyone actually mathed that one) Why start a full dump of shares to this level? Why not do it slower and at least get a average higher price? Did he not realize he has the time? and that the strength of even slightly increased revenues may have suppported say a .005 price where he would have gotten 5 times more cash or better yet, how is all this cash being reflected on the actual balance sheet to the point of is the offset already some expense that we are unaware of?
Either he is as bad or worse than we believe as a CEO or this all does not make sense.
What does GC know and how in order to be so spectacularlly correct?
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