"Eric, just end the misery and reverse split or increase the A/S. You know you are gonna do it, so just do it".
Not his style...he is addicted to the blog. He needs to fluff things up thinking its preparing the shareholders for a soft landing. I'm waiting on the spin put on that PR/blog. Drums are rolling and the horns are ready to be blown.
IMO, they have already drug this company so far underwater looking for the "friendly financing", not sure anything will "save" the longs. An R/S is a tough pill to swallow but like being the responsible parent...sometimes you have to do what you have to do for long term health.
If "shareholder value" was REALLY the concern of this company...they would have done things far differently. The lack of common sense, refusal to taking responsibility for their mistakes and "my way or the highway attitude" has destroyed any value here. IMO
No link needed...the proof is in the history and the numbers presented quarterly/yearly.