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Posted On: 02/28/2017 2:32:40 PM
Post# of 22465
from Jan 3 PR -
Mr. Squires concluded that, “In response to many of our concerned shareholders, I also want to clarify that I do not intend to pursue most of the items in the most recent proxy filing, including the reverse split, preferred shares, nor the move to incorporate in Delaware.”
No RS in the near future.
True, if we get within shooting distance of uplisting, maybe a RS then, 2:1?, BUT only if at that time we are in a position to keep generating new sales and revenue. How much sales ($100sMM?) would justify a $2+ share price? It would be beautiful if P/E ratio or S/E could correlate. Last I looked OLED had a +80 P/E, I would be happy with a 30 P/E reflected in the share price.
Also agree that board will gradually become independent again.
Mr. Squires concluded that, “In response to many of our concerned shareholders, I also want to clarify that I do not intend to pursue most of the items in the most recent proxy filing, including the reverse split, preferred shares, nor the move to incorporate in Delaware.”
No RS in the near future.
True, if we get within shooting distance of uplisting, maybe a RS then, 2:1?, BUT only if at that time we are in a position to keep generating new sales and revenue. How much sales ($100sMM?) would justify a $2+ share price? It would be beautiful if P/E ratio or S/E could correlate. Last I looked OLED had a +80 P/E, I would be happy with a 30 P/E reflected in the share price.
Also agree that board will gradually become independent again.
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