I'm not sure what to think of Les joining, don't know much about him yet. I had to smile when I read the PR though, it felt like a sales pitch the way it was worded :-)
As far as future revenues, I wonder if buyers will be impressed if they continue to add to IVIT's share count as was discussed. They may not be newly issued shares but if the O/S and float continues to increase like it has been every quarter or so it still rings of dilution. Obviously these shares would have been worth more if the O/S hadn't increased almost 3 times in the last six months - and how many more will be added in the coming six months? Even with the promise of revenues coming, I have to wonder if folks will find this attractive as the O/S and float continue to increase from the redemption of the notes issued to pay off IVIT's debt. I think this was one of the major reasons that the last revenue report didn't have the effect many here were hoping for.
GLTY
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