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Sunday, December 11, 2011 11:03:25 AM
The dilution is huge, and there is no end in site. And management has not communicated it's strategy or concerns with dilution going forward. Many people bought in above 5 cents and continue to average down. At some point they will not be able to average down any further. Revenue growth has been great but they are losing their shirt on stock price because of the dilution. And I believe the big dilution will not end anytime soon. And financing the Company through dilution at one cent is a killer for current shareholders.
Could the Company turn this around? Absolutely, but not with implementing a ridiculous bonus plan, etc. The current management team is doing a good job growing the Company, but has not cared about it's shareholders.
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