IMO these are a few examples . By all means reply and add your own to these.....
Pros - 1. The warning is well down range.
2. The stock sits where it is with the knowledge of at least two of the biggest individual holders selling their positions. Both filed previously and amended after the warning.
3. Some changes within the company have been made to cut spending (need more).
4. The CC "should" provide some clarity on what is going on and should support the stock at its current PPS.
Cons - 1. Trust in management has been further diminished by shareholders.
2. Changes made in spending are only skin deep.
3. The BOD's have failed the shareholders in both lines of communication and outright failure to modify compensation at all position levels.
4. The pending trial costs and expenditures worth the effort on the MMIC technology side? In the event of a loss will there be a counter lawsuit filed?
5. Not reporting GAAP profitability per share basis............
Universally when one entity owns too many shares thus has too much control investors will look elsewhere and the pps will suffer. Avi owns way to many shares here for the amount outstanding. The company has become a dictatorship with the outlandish option awards.
Proxy fight with shareholders banding together may be the only way but will trigger the poison pill.
Aggeis why do you say that the poison pill does not apply to Avi? I.M.H.O. if he wants to take the company private and the rest of the shareholders do not agree the poison pill should get activated no?