Give us a single reason to believe in anything going forward with current record????
It is my understanding that management has historically increased assets, stockholders equity and earnings per share year over year.
Management has stated it feels issuing shares at such a low P/E will not negatively impact shareholders going forward.
This really boils down to whether managements historical performance is enough to convince you that they can achieve what has been stated.
This is a personal investment decision you must make on your own. I do my best, given what information the company provides me with, to help you make informed decisions.
I believe management has clearly indicated its plans, has acknowledged the obstacles it faces and has provided adequate operational guidance for individuals to make an informed decision.