The next time he PRs something for shareholders will be his first time. If you are honest with yourself the only time Berge PRs anything it so his friends and lovers can dump their shares.
This is a fact and an obvious pattern that he cares about them more than us. We can hope that he breaks this pattern but so far he has stuck to his dilution scheme of free money and let the shareholders pay.
I think the notes in the last Q were used primarily to pay off debt. The balance sheet has certainly been cleaned up quite a bit. Whether or not it was exclusively used for that, ramping up inventory for FaF or some other plans I'm not sure.
I also would like to see a PR that explains this in more detail, give us some idea of what's coming. Understand some things can't be mentioned until the deals are signed, but there should be some general statements of the direction+plan to reach those goals which would be helpful to us all.
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