why you want to buy it? you are asking this board who has been dead wrong on this stock and are seating on Hugh losses. Stay away from this #$%$, POS.
They are not going to cash they are hoping for with rights offer at 5 when stock is trading at 5.05 as well. so company right offer and management is very substandard as well.
for the rights offer. You will be trading under 5$ when you are going to offer right to buy at Share at 5$. Please stop the right offering and buy back some stocks under 5$ from market only. Why any smart share holder will subscribe to your right offer at 5$ is beyond me.
Why did idiot wait for 5.28 price to issue sell rating. Not smart enough to issue sell rating when stock was 7$ last month.
His mission was to create no share holder value and destroy the company so that he can buy it cheap later. Board should have fired him long time back and not sure what they are waiting for when stock has lost 75% from his offer price.
Mr. Miller told the board in October that he was interested in buying the company. He offered $20.50 cash. Now I think he will buy company at 5$. I would fire Board who are bunch of idiots not taking his offer at that time.