How are they dumb, their last deal literally bought the company.. The will have All of the Voting power if they convert their shares to common.. In fact they may take this company and g Private since they will have all the common share voting power & cut everyone else out the loop. Then you will need Lawyers to get their
this company will delist beforeit gives any of us a chance at any profit. This company with 3 Reverse Splits and 3 dilutions + how many PIPES.. before SABBY. Is run strictly for thr purposeof using our Capital to develop their devices. They EXIT the market taking their deice and NOT giving us anything for the use of our capital. All four of the Execs here have made more then 300K for 10 + years while project under devl. With top one Shai.. clipping us for 600k + benefits last year. Yet the sales are less then gas stations sell of products. Time for investors to get some LAWYERS if they go Private & try to take them down..before this plan gets hatched.
I read it 3 times too , even mistakenly put in a SELL order tell I reread it a third time then I bought at 1.88. If they covert the stock they own the whole company.. this could be a takeover in progress..