Guys, anything below $4 are loaded with freebies! Stockholders will get the rights as dividends!
aetn@1217
Posts (268)
I think there is no mistake they put this out before releasing Q3 results and with pricing carrying premiums. The more I analyze this, the better I feel.
All, run the rights offering document through an AI app, much clear understanding is given and a much better feeling that at our personal level, this is really good for us long time shareholders.
CMTL Board of Directors: You have a fiduciary duty with us shareholders. Where are you? Where have you been? Puppets? Show yourselves and do something!!
Also very displeased with Ken, these types of failures speak mountains about a company and this tells me he is not paying attention to detail. Not good. This is not the first time in recent performance in which they couldn’t get their act together in 90 days (90 days!!!!) to prevent another fiasco. I am fuming here.
If some heads don’t roll after this, ambulance chaser type lawsuits are expected. This is utterly ridiculous and shows total incompetence, how can people trust? Once again, heads must roll!
@Jim, I am personally not concerned for dilution. I am concerned on share price after all. No matter what happens with the number of shares, prices in this document go up every time and we are also getting the opportunity to trade the rights we receive. It is obvious the company knows something good is coming, as they are putting premiums on the prices. So company wise the share will increase but most importantly, at my personal level, my worth increases and really, that’s all it matters to me.
To me being priced above market means they know something good will happen and soon! Let’s load up.
I see it as fantastic! We current shareholders get value added, it says like dividends to existing shareholders. The company is really setting up for growth and capital is needed for that. I am all for it. Let’s go!
Extremely disappointed in the fact that counting today only two days left to issue report and company is total silence. No announcements of any kind, what are we to think? Certainly promotes thoughts that they will not file on time again. And if they do file on time, shame on them for not taking care of long time investors and do an announcement on when they will file.