Yeah i agree with you to a certain extent but why would the company want the stock diolutated, the top 20 shareholders own 80 percent of the company i am sure the company doesnt really require much cash when they are going into production in the third quarter. They would rather see the stock at 50 cents or even more, why would cunningham securities forefit there 2.8 million options. I would rather see less options converted and more shares purchased but everyone to themselves.
GO bau!!
valuation, page-10
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