So let me get this right... 10 million shares worth approx $700,000 has caused the companies value to fall by around $15 million...
After the company announced the 2 patents granted we were high 7's.. The market already knew about the freebie shares to the directors and still put the price to high 7's.. But because some shareholders were unhappy about these shares and bombarded the company with emails, phone calls etc demands the board be replaced etc plus send in NO votes, they felt obliged to issue a shareholders letter and now we find ourselves sub 7c.
My question is this. If shareholders had just accepted what was proposed, and the patent announcement came out, and no shareholder letter was issued, do you think we would be sub 7c today?
Could it be that shareholders can be their own worst enemy?
What we need is an LBT lift off.....
I await the flaming replies
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So let me get this right... 10 million shares worth approx...
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