disagree.
vote No to all increases in shares
100,000,000 shares = 15,000,000 dollars at 16 cents per share.
So we'll do what we did with cross flow, by a 2-3 million dollar company for 10 million dollars and issue 30 million shares that the aquirees will then dump on the market only this time we'll buy a 2-3 million dollar company for 20 million dollars and give away most of our cash plus 100 million shares and the stock will be at a nickel.
If PTSC can bring in 20million per yeat in lcenses it has little reason to invest in bancrupt startups.
JPM paid 2 billion for BEar Steans and another 2 billion for Wamu. PTSC paid 10 millon for cross flow ridiculous.
We shoudl have paid no more that 1 million total. If RG wanst to evoke confidence then he needs to make a DEAL. BUY SOMETHING of value a la Jamie Dimon not some ridiculolus data integrator at 10 times sales. We're in a freaking depression and we have a decent amount of cash let's use it to buy something real