What sense would it make to R/S right now? What would he gain from it?
He'd be hurting his family memebers invested here. Note I say invested and not received, because the 504 sales that Lasernat was able to get a hold of showed that the only person issued shares was Berman himself, and that was before the 2006 R/S to presumably give him 51%.
He'd be reducing the little liquidity that this stock has right now. It'd destroy the volume.
It'd cripple investor confidence.
The only gain he can get from it is to raise the price and allow for more dilution. He completed the 504 5/29/2007, giving us freedom from the next 504D until 11/29/2007 at the earliest.
Can you tell me one positive he would get from R/S? Even the dumbest CEO would figure some of this out...
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