Yes.
Share issuance has never been a problem for dilution per share, as eps is growing so fast anyway. Now, it appears that remaining shares to be issued in 2012 can be absorbed more easily that in the recent past.
So, perhaps the focus turns to operational highlights and the dual listing process. We will get more and more evidence of the importance and synergy of the company becoming vertically integrated with import export, WSPS, retail, and restaurant, all ahead of schedule.
JF signaled that the Board of Directors (ie partially itself) will have an influence toward a well articulated reverse split, if needed. This seems pretty major to me, as it keeps the dual listing time table intact -- and with it, the likelihood of a more proper earnings multiple valuation, at the same time
1) earnings approach or meet $.68,
2) 2013 is guided $1.00 - $1.20,
3) share issuance diminishes
4) company becomes cash flow positive
All this could be expedited, and possibly a reverse split rendered unnecessary, if a strategic asset sale were contemplated.
