Without dilution that took place since consolidation our SP would be in 60 cent range.
When SP hits $1 that means without dilution it would be $2 and so on.
This is a risky investment but I do like the odds and the leverage. But with every dilution, my and your leverage is reduced.
I am all for raising capital when required but do it in a way that benefits the shareholders as well. Not just the big investors and the BOD.
Also, I do think that our BOD is one of the best but I truly believe that it is immoral to ignore the people that financed the coy through think and think.
I now have no option to participate, I would love the opportunity to always be given an opportunity to reap the same benefits as the BOD and the institutions.
I think it is wrong.
Every one of us has lost a large percentage of our investment due to dilution since consolidation to date.
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