The problem with your assumption is that companies cost structure has been so out of whack for so long that it doesn't make any financial sense . How does a company be an R/D company for longer than a decade? The company now spends on the order of $11,000 a day just to keep the doors open. They proportionately spend much less on R/D then they do on SG&A yet claim they are moving from an R/D company to a rev company.....hmmmm wonder where I heard that one before... Oh yeah Cecil made the same prediction in 2009. Look at the ratio of R/D over SG & A and you come the same conclusion. As far as dilution I can,t even believe you guys float the poison pill theory or liquidity. Do you not look at a balance sheet? There is no question they will dilute and it will be significant. Yet the raises and options and free stock grants keep coming. Believe what you will but proxy is clear.