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Olie77

07/29/11 8:12 AM

#17950 RE: smoke #17949

Well, Im in the minority that wants the R/S to take place. That being said, based on their current trajectory for increasing revenues and decreasing debt they would have a healthy debt to income ratio by EOY and, I would think, be able to get financing on better terms.

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trueblue

07/29/11 8:23 AM

#17951 RE: smoke #17949

Doing a R/S of 100/1 would seem to be more in line. Dropping the common shares 1000/1 down to about 14,000,000 with increased revenues and winning infringements seems a little if not a lot overboard?
Leaving the share structure the way they diluted it and buying back all those shares out there and retiring them would be the right thing to do, in my opinion of course. I am one of the lucky ones that was able to buy shares down here at .0001 and .0002 so I really can't complain like some folks have the right to.