I agree. The company needs to provide context and information regarding these issuances and whether or not they will continue to print off shares to fund the company.
Nothing will kill the s/p more than the prospect of never-ending dilution. Management needs to let us know what we can expect here.
Management needs to be up-front and honest in a letter to shareholders about how they are going to fund the company and what we can expect in the way of dilutive issuances in the immediate future.
One thing AMNL was successful in doing in the past was finding ways to survive without diluting the stock into oblivion. If that has changed, we need to know about it.
Also, I am 100% unsure what that issuance for the “IR Firm” has bought us - I do not see a firm doing IR for AMNL, do you?
I thought management turned a corner this year, but it seems they are still poking around in the dark. One thing is for sure, they do not understand the dynamics of having a pink-sheet traded stock and the current share price reflects that.
News 
Market Data 
Discover 
