Now we truly understand that the Seeking Alpha article that came out when RAS was over $7 was absolutely correct and to the point. Many on this board ridiculed the premise of the article at the time.
Now when the price is $3 less per share and down to the low $4 range we truly see that it was correct.
There is no end in sight as the big boys have sold most of their shares and the poor common shareholders are left with this sinking ship. This management's last priority is to protect the shareholders.
The RAS management should take actions that will encourage common shareholders to keep their shares and even buy more shares.
This can be done by doing the following actions:
1- Explicitly promising the shareholders that there will be no further dilution of RAS common shares.
2- Major insider buying of shares (I am not talking about 2000 shares, but at least a few hundred thousand shares)
3- Potentially instituting a share buy back program.
4- Cutting overhead costs.
This company's finances is a sham, just do your due diligence before you invest in this POS.
The share price will go down to a few pennies a share. The SEC should investigate the management & the books.