Yeah Brother. Kahm Cho! Thinking you're reasoning is overly simplistic. The PPS attack, short sales, FAILS TO DELIVER DUMP on December 20th led to this in my mind.
But you want to blame the board's over spending. And there's a double @$$ butt load of caveats on that too.
We had an illegal attack on our stock, Price Per Shares, on December 20th 2013 with 5 million Fails to Deliver trades made on our retail equity. AND IT CONTINUED THROUGH THE BEGINNING OF 2013.
You don't want to call out a damn foul made on you personally, but you want to gripe about them spending money in development costs with borrowing, diminishing, and the ever hell have you.
A decent PPS would have eliminated this. The shorts have and are still playing us, cause it gets their highest ROI. All IMHO.
With a decent PPS, our board could have drawn from the funds we've provided for them. Speculating on one DoD Agency supporting them, rest many fall in line. We've had to expand our R&D at high cost, and it strengthened us. The reality is, our market scope isn't the panacea for everybody we expected, and were guaranteed by some trade journal.
I think the R&D costs and extending further out in to the research community are justifiable. Evidently saved our @$$ with the MDA. I'm not looking for the DoD agencies or associated agencies (like NASA JPL) to provided us the windfall we need. Expecting the private sectors to do that now.
Criticizing their/our expenditures without including PPS manipulation just conveniently overlooks all the hell we've gone through. And Brother, it aint the boards' fault.
Nam Es Ta!
Mike Sharkey
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