“Now if kblb DOES come out with wonderful news and the pps gets to 4 bucks, then what the hell was kim thinking with a r/s with the sky high ratios?”
Something that has puzzled some long timers that know more than us. This puzzle piece might become revealed with financing. But, if not, I am thinking he was worried that if the stock price got away from him that he might not be able to support soon enough. ... as I previously mentioned, JR gave a slide presentation at the ASM about the company that is like a fire that burns out of control versus the one that has a solid base with burning coals. I think they wanted to prevent the same in the stock price... like a run to $14 or something ridiculous and then crashing back below a $1. I actually know a stock like this that made it from about $.40 to $15 in 2 months. Now, it sit just above a $1.