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bballerfanatic

03/27/12 4:48 PM

#42388 RE: rocky301 #42387

Agreed. There is a laundry list of problems, but this massive dilution is at the top of the list.

lasers

03/28/12 7:26 AM

#42396 RE: rocky301 #42387

Understandably the dilution should have caused a PPS trimming. But why not a 25% reduction, 1.6 bil to 2.0 bil shs, starting from $0.25 PPS down to $0.18. IMO $0.25 represents a reasonable value considering the positive results for SMD and AMD. I am sure there are many arguments whether $0.25 is too high or too low but I based it primarily on PPS before the positive results and where it may have been headed before Lanza sold.