MPET now has about 53 million shares outstanding. This is from the 10-Q filed on 2/11/13:
SUMMARY RESULTS OF OPERATIONS
"Revenues for the three months ended December 31, 2012, totaled $1.7 million, compared to $3.2 million in the prior year period, a decrease of 45%. Revenue is not expected to materially change from this level until certain of the Company's assets undergo further investment and development. Operating loss for the three months ended December 31, 2012, totaled $7.7 million, compared to an operating loss of $4.9 million in the prior year period. Net loss for the three months ended December 31, 2012, totaled $7.3 million ($(0.14)/basic share), compared to a net loss of $4.6 million ($(0.08)/basic share) in the prior year period. For further information, please refer to the discussion below in this section under Comparison of Results between the Three and Six Months Ended December 31, 2012, and 2011."
#$%$ is the CEO doing trolling for investors in sunny Florida? Is he going to "money shows" or what? You would think a better use of his time would be finding a way to reverse the revenue declines and finding better ways to utilize capital than overpaying BOD members and buying back shares of penny stock.