I don't currently have any shares, because I am waiting for them to go down. Which given they will have an additional 15.5million shares outstanding by the end of September, I don't think I'll have to wait long. There market cap is around $9 million with about 1 million outstanding, with 16.5 million shares outstanding by the end of the month, you can understand why I'm not purchasing shares at these prices.
With new management and no debt, after all debt is converted to shares, I believe this will be a good longterm play. However, in the short-term this company will not do well because of dilution.
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