Just a quick thought on press releases (or lack there of). Not saying this is what’s going on but why would you put press releases out to build pps knowing full well that any gains may be washed away by a scheduled event that may take as much as 40% of share price. Why not wait until the “bad news” is out of the way and share price trimmed THEN start building momentum. We are still expecting significant news in the next month and I would not be surprised if they hit one after another. As pointed out by an earlier poster everything hinges on the S1 being approved and the valuation. Based on another position I own the valuation of the offering is based on 5 day average prior to approval so we want the pps up before SEC approval to limit dilution but it is also in our favor if the pps is up PRIOR to the Altucell close. I think it matters far less for the div.
I do agree that Joe has to change something in regard to making deadlines and keeping timelines. My old boss used to say no matter how many “atta boys” you get, one “oh sh!t” wipes them all away.
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