Great post,
Wiht regards to your statement :
ii) Acquisition of two companies increases burn rate...by how much wasn't made clear. This means that without giving shareholders a clearer view on revenues we might be faced with further dilution down the line.
This bothered me - and I'm a medical not a business guy. When asked about this or there burn rate they stated they would know more by Q4 - how do you aquire 2 companies and not have an idea of their financials and how much it is going to cost going forward.
We hold alot of shares as retailors and really don't deserve to be left in the dark like this. I beleive this is part of the market reaction - retailors are fed up and day traders are swooping in on the swing - so why should we be left holding the short term loss bucket while traders profit? We have put more into this company time and cash then them.
-DC
