Over the course of a year shareholder equity went from over $30M to under $23M and company managed to lose $8.5M. Head office costs went from $3.8M to $4.5M PLUS $0.5M is stock comp.
In the span of 2 years share count went from 20M to a heroic 28M. Management keeps diluting small shareholders. One of the worst board of directors I have ever seen.
Is DWS the canary in the coal mine? Will be interesting to see Peller results.