I don't think there is any arguing that it would b
Post# of 56323
Part of the reason why we have 3.5 billion shares is that dilution needed to occur earlier in the company's history. I do not believe that the current answer is to borrow more money, nor offer more of a stake in the company to acquire said money.
If/when the revenue starts flowing in we will have more than enough cash to procure shares. Until that time we will be under the veil of 3.5 billion shares.
If you've ever read the book Catch 22, this is a perfect example..... We want to buy back shares but have no money to do so. If we had the money to do so, we wouldn't be at the current PPS nor have the amount of outstanding shares.
I'm not insinuating that we cannot dig out of this hole, but the current funding is better spent constructing facilities and performing other value added activities that can generate future revenue. If all goes according to plan, the outstanding shares will be a moot point in no time.
All that being said, I'm long FITX and am excited about the new pictures from today.
-Ben