May look better to do the 10-to-1
a couple times so it looks like they actually tried,
string ya along for a few months then
nail you again. Costs them zero since they
have non-dilution clauses, as ptc pointed out.
While not a big one, we're a free ATM for them,
over and over and over, the perfect supplemental
cash cow to abuse the bejesus out of.
In the latest late filed form, the brief talk about the
need for investment by long-term institutional investors
who see value in their model and product is HILARIOUS, imo: who the H
would trust a company to perform well for long-term investors when all
long-term retail investors have been perpetually thrown under the bus?
Absurd.
Little has changed in the past 7 years with this joke, agree with Dane,
could be over.
SD