Carini, while I appreciate the "breathing" factor, those are just point in time between maturity of convertibles, nothing more or less. The problem with these deals is that we are always 6 months behind the deals. We only find out about them when they reach maturity and need to issue the stock. And the point is the company being negative in both cash and cash flow can't stop and let it breathe. They are bleeding cash like a sucking chest would with a band aid on it. There are no sales. None of the MRIB management has money to put in and has never had a lick of skin in the game but they all need to pay themselves. As non-performing as they are the BOD should fire them all but keep in mind the BOD seems to be a "friendly" entity making a ton off of heavily discounted stock deals in the form of ECO Investments whose board seems to be the same as MRIB as well as their domicile. Just stinks to high heaven. The dilution will not stop and any gaps will just be time between maturity dates. Darkness will come. Lower highs and lower lows. There is no more money in bounces. Not worth the $8.95 for the trade.
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