Today's Performance, page-169

My point has nothing to do with the directors other than the fact that aren't buying when their spin looks fabulous, it's to do that fact that they aren't profitable for obvious reasons and must obtain either debt or print further equity just to see if they can succeed. I have no clue whether they can or not, i'm simply saying that it's likely to continue the downward slide until profitable or very close or a deep pocketed partner enters to de-risk your project. Until then, averaging down is throwing good money after bad and putting these guys deeper in the red.