Can't come too soon for me. Hard to watch all the speculative stocks get bid up and make huge runs while LBWR, a solid, growing performer sits quietly building the business and being ignored. Eventually, someone will notice, and then we will be sitting pretty!
I love that Dexter Morris is NOT going to take the easy, quick carrot of dilution, promotion, and debt, but he will wait until the revenues ramp to take care of everything else to build real shareholder and business value for the long term. If someone who knows Dexter is reading this, tell him the shareholders are behind this method and do not want ANY dilution or debt to rush things. Everything is progressing rapidly and rewards will come. There are too many examples of companies who listened to the promoters offering "sure things" for free shares, and they always turn out poorly. Hang in there with your good business sense Dexter!
I remain,
SOROS |
