Smg: Does that stand for "smug?" What are you talking about...."in the grand scheme of things"...what you don't think dilution matters? Of course it matters. If all our pipeline hits....it won't matter, but we don't know that yet, and to assume it will is foolish and immature.

I've invested in small biotech stocks for years and have been in plenty of stocks that showed incredible promise.....but their ship never came in. Many stocks go for years just like AMBS has these past 2 years....promising to add value but never delivering. Success in this industry is the exception!! So don't chide JP for keeping watch on the dilution.

When Gerald delivers on his promise to add shareholder value and we're trading well above .50 cents in the next few months (Pre-RS)....then you can be "smug."