"Green once again very strong day for this one!!!" - congratulations on your paltry 1.27% gain for the day - this gain is against a backdrop of a company that has dropped from a whopping post split adjusted high of $63.00/share about a year ago to today's price of $0.36 - a drop of close to lose virtually 100% of its value (99.4%), while simultaneously issuing 10.5 million more shares over the same time period - an increase of 1974% to pollute/dilute any remaining bag holders. Once could argue that a growing company needs to issue shares to raise cash, but a quick look at the financials show that there were 10.3 million+ shares issued for just $175k (or about $0.017/share) - clearly this is management not showing any reasonable degree of fidicuary responsibility.
Meanwhile, it pays for one day pumps like what we saw today with what little remaining cash they have instead of trying to finalize the deal that has still yet to happen with AMBS as well as getting that equity stake in n3D. I suppose being just a 2 man operation one should give the company a little slack - but after looking at the $542k paid for compensation during the first 9 months of fiscal 2012 does not instill much confidence in their pay for performance.
Perhaps the best advice comes from the company which states: "These (negative cash flow) matters, among others, raise substantial doubt about the ability of the Company to continue as a going concern"....enuf said for sure....
