RE: Califdreaming...You sound like a real pri@K!Dirac
I did ask Ed. That was the reason for my call to him in the first place.
He too said he was very disappointed with the terms of the issue, but said that the money raised would mean they would not have to go back to the market.
Hey, if institutions are being bullies, and we don't need the cash (or that much), and we feel like we are getting the short end of the stick...Why do the deal? It just seems like managment is operating like a bunch of timid school boys.
Like many others on this board, I've put a lot of money into this company...I just hate to see it goes sideways as rapidly as it has. I bought in before 85 cent issue with 95 cent warrants, so I'm sure you can understand my frustration when managment pulls the same seriously dilutive maneuver twice I can't help but shake my head!
Regards,
T2