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Re: wshaw14 post# 921

Saturday, 08/11/2012 8:10:11 PM

Saturday, August 11, 2012 8:10:11 PM

Post# of 1127
Let me guess . . . with nultiple placements (counting shares in the various financings) ballooning the warrant overhang into the distant future at (for FAU) historically low exercise price . . . when I got out I was not just seeing the downhill, and the uncertainties of non-delivery by the prior mgmt, but I was also seeing what looked like lining selected holdings with large numbers of disposable (in future with not much for a share price boost) shares/warrants. That is sort of the form of set-up one might expect from one of the past CEOs.
Looking at the "news" from FAU over the past year there is very, very little other than obtaining more funds and/or debt - but there is some, and much more is needed soon (besides, it could help explain this sudden jump we saw to start the week)