Personally, I strongly believe that Ajit joining is a clear indication of PTK's validity as a game changer.
I'm not the biggest fan of announcing a R/S post two good news releases to kill momentum but when is a good time to announce a R/S. Longer term, I think if a R/S is instituted in order to get us to the show (i.e. NASDAQ) this should prove positive AS LONG AS no dilution via serious stock option issuances take place. Moreover, if a R/S is needed, hopefully they don't opt for the full 5-to-1 split.
Moreover, in my opinion , I don't believe that such a large drop in stock price was warranted post R/S release and believe the price will creep back up to 1.75$ (options issuance for Ajit) short term until further news is released.
Lastly, I also hope that additional news is just around the corner (P2 and PDA) rather than having to wait a few more months. Most of us have already waited long enough. Might just be my impatience speaking but simply can't help it. The fact that it was mentioned by the good doctor in an article published in the golbe and mail that discussions with large third party fabs are ongoing is certainly a plus. How long those discussions last is uncertain.
Just my two cents,
Sandman
