RE "Mr. Lytle atm's at these amazing discount prices and the stock plummets even further. While we're teetering above a dollar now, after the atm we'll definitely dip below if not crash."
But they don't want to deal or can't deal?
These guys are idiots OR something isn't right (or both)
I've never seen a company so seemingly bent on driving its own stock into the ground. But, we should know by now they don't care about that, they care about their huge paychecks and making them continue for as long as possible.
Does everyone realize that if the 500 million shares actually happens (both the vote and the issuing, that translates to a paltry 40 pennies per share (in pre-reverse 2009 terms) for every BBBB-illion in market cap?
I remember when $1 Billion market cap would have been a great return for investors, now it would be a loss for long term investors.
PLEASE don't tell me how dilution doesn't matter is Sunrise is successful.
It would take $3 Billion market cap to get to $1.20 pre-reverse with all 500 million outstanding, and that's about where the stock was in 2006.
PLEASE don't tell me it's the science that matters. It's all about the dilution. PROVEN FACT.
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