Improper dilution can coexist with being a real co
Post# of 17862
Posted On: 12/06/2013 6:11:06 PM
Improper dilution can coexist with being a real company with real revenue. Being a real company with real revenue might get us a ten bagger or more, but completely resolving the C shares and other convertibles can lead to a longer term gain of more than a hundredfold.
My opinion is management has the tools to deliver a complete resolution of the C share issue, but it is unclear if they have adequate will or motive to do so. We can try to strengthen their will/motive by contacting them and urging them for a complete resolution of the C conversion problem. Given HIMR's long history of talk and dilution, it is not enough that the talk is now true, the dilution must end.
My opinion is management has the tools to deliver a complete resolution of the C share issue, but it is unclear if they have adequate will or motive to do so. We can try to strengthen their will/motive by contacting them and urging them for a complete resolution of the C conversion problem. Given HIMR's long history of talk and dilution, it is not enough that the talk is now true, the dilution must end.
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