$.64 dividend when they are earning $4.50. MGT thinks of itself first buying back 8% of the stock. Trying to get their options to exercise. We want a $2.00 dividend now. Perhaps we should vote in some directors that will think of shareholders first. They could actually pay a $4 dividend as the need for added capital is minimal and there is no inflation so little need for more working capital.
They need to triple sales just to break even. Now losing $2.40/ year. If they get low on money the lender can call for default and take the company. They are burning $70 million/year. Therefore they have 12 months to triple sales or goodby. Of course they can issue stick it $2-3/shr.