RE:RE:RE:Biggest thing we have going for us... Having listened to the last 2 conference calls, Carlo is well aware of the strength of the share structure. I have heard that he has been approached a few times by bankers to issue equity. The one done at .50 was done to shore up the reliance on the LOC that was negotiated with a bank... and was done with the intent of being able to function, and chase more work, AND operate without anymore dilution.
The guy is buying in the open market at 52 week highs, a week before the release of quarterly financials, and he and LTE board have a boatload options (1.3 million at .25)
He doesn't want dilutions anymore than you or me. I think there's a few 5 year options that can trigger at the mid 1.65 and 2$ range as well.
Carlo knows exactly how much this company is worth based on contract performance out unti at least September.
im a tad underwater now, but I couldn't be happier with the setup, looking forward.