Friday, June 15, 2012 12:41:07 AM
And I assume they might sell them to highest bidder or continue the litigation?
I look to positive outcomes, but think it wise to contemplate all possibilities.
I assume they will get new financing and just keep diluting as needed.
Maybe one day the debt will be gone and they will have consistent profits and EPS growth.
Just coming from a perspective of buying in 2 years ago with some shares initially bought at a split adjusted price of $1.10, how will my investment stand the test of time here? I have not added any more since I don't remember? Maybe December? I invested about $9 grand and don't really have extra funds to buy more or maybe I'll dig some up, but do I really need to keep chasing this down? It just keeps depreciating. I've chased it down for 2 years. They get 2.3 bgpy licensed and still can't operate at profit, at least not yet.
I'm long so I'm in their corner, but these are realities, it's not wise to ignore them.
Better to face them and find answers, solutions.
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