It also might be time to get rid of Cox and bring in someone with better Wall Street connections
Why not put the company for sale rather than these scum executives get paid with never-ending dilutions.
Last time they diluted at $1.34 in July 2006 and it never saw that PPS again. Now we have this dilution at $0.87 and looks like we will never be able to see that pps again.
Look at the timing of the dilution when we have NASDAQ delisting notice.
>Dew, I know you disagree with me but it is time for a reverse split…<
I’m neutral on a reverse split insofar as it doesn’t change the valuation arithmetic one iota.
If management intends to do a RS, they will presumably put such a proposal to shareholders at the annual meeting. So we should know management’s intentions when the DEF14A annual-meeting proxy is filed.