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Re: Watts Watt post# 46454

Monday, 02/24/2014 10:04:25 AM

Monday, February 24, 2014 10:04:25 AM

Post# of 232880
Watts, the problem with the ten year wait for longs is the likelihood that we will see multiple reverse splits (way too much dilution already) and today's longs will be washed out. The cure for that however is not sale of the company right now, once again there is so much dilution it would amount to a pittance per share. The solution is to grow the company fast with locked in contracts so it is worth a few billion to shareholders, who can take capital gains on part of their holdings and keep the rest in the expectation that it could turn into a bonanza. With a strong underlying business the reverse split can work...once.... but if the company remains in development stage as it has all this time, the longs are dead meat. Just my opinion.
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