They are still open! The bulk of the shares have been issued to create financing arrangements. It doesn't matter if there were only 1,000,000 shares, if the company is closed. I see no significant increases in management's share ownership, especially taking into account the they have not been paid much money in salaries in two years.
mad' did u read in the 10k where the company was getting to the point where the employees or mgmt were no longer being compensated by stock options? that they were at least making enough to start paying people. who would have thought?
like em or hate em, its hard not to see that they have taken a total wreck of a company and are making an honest attempt at salvaging it.
it would have been much easier for them to sell those millions of shares and walk away.
let me ask u this. if u were loading up on shares just to unload them would u have waded through all the crap they have? i sure wouldnt. id have dumped them and split.
i think they have set an unrealistic goal based on what i can read about breaking even q4 but uve been hangiong around this long, whats another 120 days?
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