sorry dude, you meant something is down. Going from 1.88 to 1.35 is down.
good post. looks like they're eventually going private @ around $0.50. All their assets are collaterized and they have 3/4 series of preferred stock. PFG and/ or AlaraCap
are calling the shots. Just my opinion but existing shareholders of common will be left to dry. Any comments ?
Sept .2 --- solution to their miserable performance ---- give everyone more stock options !!! Pathetic.
BOD - too much old blood that has seen this company issue more and more stock, heavily in debt -- all their assets are collaterized, issuance of preferred stock. List goes on. Salaries are way too high given stock performance/ revenue over the last 9/10 years. If they earn 2 or 3 cents , everyone is elated .