RE:Just wondering IMO - The best move the CEO made was to raise money during the hay day when the stock was in nose bleed territory.
If it didn't have this chance, we would be looking at a penny stock.
The company has to show profitability asap.
They need to cut costs to the bone and just focus on selling and improving Illumin.
They just granted themselves a bunch of rights at this ridiculously low price. I hate this self serving stuff.
They certainly doesn't deserve it.
As far as buybacks, I wouldn't even bother unless the stock is substantial lower. Lower then the stock grants for sure.
Lots of burned investors. I'm glad I made a little and sold out.
When you invest - Bet on the jockey not the horse.
Hayek is the jockey in this case and I don't see much to be impressed by so far.
If the stocks tanks to a $1.00 on mkt sentiment, then I would buy for a spec investment.
imo