RD, I guess you saw Garret's response (see below). He says "Those mentioning 10 and 15 million shares are not “ in technical “ terms incorrect or off base, what matters is those levels of shares should not be occurring"... I wonder if he really meant this double negative "not incorrect".
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There should be low concern about the speculative amount of potential dilution in shares being mentioned herein actually occurring. Those mentioning 10 and 15 million shares are not “ in technical “ terms incorrect or off base, what matters is those levels of shares should not be occurring. The company and I are fully respecting all shareholders.
Please respect that lending cash unsecured to the company is helping the company and shareholders. Management is doing all they can in dealing with many challenging issues. They deserve all shareholder support. The loan remains open and no shares have been issued. When and how the best interests of the company are served and when the company is ready the company will repay part of the loan and issue some shares for some amount. All these decisions depend on many factors , but that is the likely outcome.
Please appreciate that many of us have been long term shareholder. I for over 9 years. I like many shareholder are suffering 80% losses.
While some of you have been appreciative of those that lend money to a company in need , other referring to calling names and demeaning those working with the company to help might benefit from trying to be confident that management is doing al they can in very tough near term circumstances.
I have never sold a share and have paid hard cash for all my shares. I am continuing to own and believe there is good reason for long term shareholders to be hopeful and optimistic. It is painful for sure these past years.
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