Scotty, while what you say is true, in other ways LP and I believe most people here have taken advantage of the cheap shares to dramatically build on their positions and probably own far more shares today then they ever dreamed of when they first learned about the company. Personally I'd rather have tens or hundreds of thousands of shares, or more, of a double digit share priced stock then a few hundred, or even thousand of a triple digit stock. I don't believe that reaching double digits here will take that long once we have regulator's approvals.
Owning hundreds of thousands of shares, once we're into double digits, should give us a great deal of flexibility on earning from our holdings. Writing out of the money covered calls would present the opportunity to make money essentially monthly without putting much of our holdings at risk at all. I really can't say that LP or most of us would have been dramatically ahead if LP somehow managed to never allow the share price to dip below $5. Personally I doubt if I'd have learned of the stock and invested as I did.
Something that's far worse than being down 95% is being out of business, I frankly believe that would have been the outcome with some CEO's who may have been called in to manage the company. Sure, others may have succeeded, but I don't know that it would have been faster unless they ignored automated manufacturing of the personalized vaccine.
I have no doubt that if years ago we either managed to establish partnerships or fund the construction of thousands of cleanrooms to manufacture manually, we'd have approvals now, but billions would have been spent by someone in doing it. I believe that LP has gotten the company to where it is on a shoestring, we're on the verge of success, just give it a little more time and we'll be there.
Gary
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