Addressing the need to immediately stop the dividend!!!
At first pass I get your viewpoint. Here is how I see it.
I believe that once the C-COM story becomes more broadly known by the investment community (institutiional investment community) and they see that with some very achieveable assumptions (see my previous post about the potential share price based on PAA market penetration) this stock could go from $1 to $50 there will be a massive rush to buy shares that will be difficult to buy.
The investment bankers will start swarming C-COM offerings of financings for "working capital" to help the company facilitate its growth. That $2.2M will help the company say "no, we are good for now" and the institutions will have to buy the share in the market. This will make the share price spike aggressively (something that we, as shareholders, have been waiting for for a long time).
I am pretty sure that at some point C-COM will in fact need some funding for growth to fuel manufacturing capcity, working capital etc... The key is for the company to experience as much of that growth to happen BEFORE the raise their working capital.
I have worked on both the institutional sellside as well as a instutional portfolio manager. I have seen this cycle play out MANY MANY times.
So the status quo complacency approach, at first, seems realtively harmless. If you approach it from bigger and more strategic impact, I see cutting the dividend as really essential to driving long-term share appreciation.
It may seem like I am making to much of this, but it is from a lot of previous experience that I give this viewpoint from.
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