Post by
Jentai on Aug 16, 2012 10:48am
dilution...
With over 281,000,000 shares and options' MDG is approaching the 300,000,000 Mark. Way to go Sheldon, almost 300% dilution in 5 years. What is your new target......500,000,000. No more revenues (grant) from Darpa, when and where the revenues will come from to support your huge expansion. ...your burnt rate will exceed $30,000,000 this year with no revenue in sight. This is pathetic!
Comment by
Indicator on Aug 16, 2012 12:22pm
Yes the share dilution and lingering drought of contract announcements is worrisome. What has me even more concerned is the lack of tangible Bid interest and support. very few bidders here! if .42 doesn't hold, then this could get hit hard. This is the time for insiders to step up and bid. It looks like we'll see how much they care about share price soon enough.
Comment by
beenthere on Aug 16, 2012 4:44pm
Indicator, this is twice you have said this: This is the time for insiders to step up and bid. It looks like we'll see how much they care about share price soon enough. Not going to happen and you know why I think it is never going to.