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Thursday, July 26, 2012 2:46:11 PM
That last filing really was a sock in the gut to those who were hoping that this was finally going to make a move back toward its stated book value of .25.
We just now have to wonder how badly that .25 book value will be diluted before we get our next upward move.
Will it be cut in half yet again with all the new shares issued?
OR will it only get a 20 to 30% cut in value?
NOT sure, because I do not know what Peter is doing behind the scenes to spend our equity value while he is telling us he thinks the stock should be valued (thus trading) higher.
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