RE:RE:Tom Cruise et alSunvalley
Its good to see a commonsense response instead of all the childish innuendo. Whether you support a PP, JV or rights offering - lets all be more constructive and mature. We are all in this together and being on the venture is all too often like being held hostage by the greedy and manipulative brokers and promoters, and all too often by the management groups.
Im involved in ART where again there is a total disconnect between the company and the share performance. In that case the stock was allowed to fall off a cliff and is now being rolled back so that all the long time shareholders can be washed out as the sleaze gets papered up with warrants post rollback. This is simply the nature of the venture and the sooner Roger get's us off the venture and onto a better venue the better.
I think its still too early for a JV as our low market cap will force us to give too much away at these low valuations - we have no bargaining power and the big boys will just keep us hostage. It's probably either an offering or a rights offering and I like the rights offering in that no shareholders can complain since we are all allowed to particpate and not just those in the loop. On top of that if flushes out the shorts which will provided a much needed kick.
Again - hold on tightly to your paper and good luck to all longs
JandD