I suppose we're looking at some slow price per share erosion until the market decides if Noam is to be trusted, and what the shelf registration means. Of course, it is very unlikely that we will hear anything from management. It is very likely however, that the larger share holders and funds have already been informed of what is up. A sad state of affairs for the SEC to wonder about. Preferential treatment of some share holders is not allowed, especially if there is information that all of us should know ( just speculating....of course I don't know if he has given details to others...but, would anyone here seriously question that Wellington, DB, etc. were informed before we were? ). The denizens of the thread will most likely have to find out the information...happy digging...unfortunate, but the way "it" seems to work. Not inferring that the news will in any way be bad, but it certainly would be nice to know that the money will be used...if needed...for some sort of newer project that includes one of the OEM deals Noam mentioned recently, or one of the newer build outs. If such is the case, and he has already spoken of the contracts at the recent investor conference, what would be wrong in saying something like, " The shelf registration is to be used to issue shares, as needed, in connection with various build outs and OEM arrangements that MRV has recently signed. Company owners ( we do own the company, right? ) will be informed of these projects, and the use of the funds, as the projects proceed". There Noam...was that so difficult? Now if the money is NOT to be used for such purposes...Aye...there's the rub and perhaps some of the uncertainty.
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