disagree. capital raising for operational expenses primarily to...

disagree. capital raising for operational expenses primarily to distribute product was laughable. Wayne wanted to control all aspect of sales and distribution overseas which became extremely costly and resulted in raise after raise. i dont disagree with capital raising for product development but raising for bloated operational expenditure is poor. of course you have to look after early shareholders otherwise no one will jump into anything Wayne manages again until the business is cashflow positive. why would you? otherwise you'll be diluted to pay for expenses that you could outsource by giving up a tiny bit of margin. they should have just used a medical distribution business that dealt with products supplied to hospitals in the same category. You can think what you like, but a leopard doesnt change its spots and the shareprice would need to be $200 for investors in 2014 to break even - do you think that is fair? do you think thats good management? a CEOs primary obligation is to shareholders - Wayne pissed in the face of that concept. but dont worry, he got paid well. the fact he owned jack all shares should have given it away