The wavoids need to put the dots away. They are treating this company in the same light they did 10 years ago. It's not that time anymore.
The longs are staring down the barrel of another RS. You have a trend of declining revenue quarter over quarter now for, what a year?
I hear a lot of talk about the need to stay listed or it damages the abillity to raise funds. What about the abillity to stay over a dollar right after the RS? I think that could be a blow they cannot recover from.
If the 2nd Q mirrors the 1st Q the stock will stay ove the threshold maybe mere days.
As shareholders one needs to ask themselves who has benefited from the continual need to raise funds, who has profitted and who has benefitted.
One could make the argument the company has not. Have the garnered any contract of note that has shown itself in the quarterly results?
The continual open faucet of printed shares has given this group the easy way out, it has allowed them to continually go back to the well. It has been very quick to reach out to influential shareholders in times where they have been most vulnerable.
This behavior has allowed this type of atmosphere to continue.
There is a shareholder base that seems more focused on laying blame at strawmen, and making excuses, and hoisting platitudes upon non performance.
While the longs were congregating over the last 10 years certain they were going to be partying like rock stars, the ones tipping bottles and in their hotel rooms where the ones who put their cash into something as game changing as an SP 500 index fund.
Up over 20% in the last 12 months... and you?
I betcha your CEO and BOD have done a little better than your stock has this year........
