Thu, Jun 20, 2013, 2:38 AM EDT - U.S. Markets open in 6 hrs 52 mins
Come from? Co did not do an offering?
See latest 10-Q. There are almost a million more shares than 9 months ago, for several reasons.
Preferred stock conversion- additive cash is needed to grow business. Its part and parcel of growing pains. The company has done a great job of not throwing stock out at the market (at low prices= low currency value). Try the products!!
One reason: MONEY.
Must have been when the company was issued on rhe American Stock Exchange.m You think? In any case, Yahoo illustrates a target of $2.50 on REED, and the sock is trending toward that price lately.