Thursday, August 29, 2013 8:52:53 PM
How would you explain the proposal to bump from 8 to 12 mil for stock plan and an addition of 50 mill to auth shares ?
While I am long, it smacks of greediness and lack of confidence : Lacky Lazard raising the PT to $5 is laughable as I bet sec is coming soon prior to PII results. Otherwise why increase now and not wait until PII readout ? Management in recent CC did say no financing is planned until mid next year.
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