Sep. 4 at 3:49 PM
$NRXP
Another Friday, another week with little to nothing achieved.
Once again, short-term shareholders appear to benefit at the expense of long-term shareholders. For years, management has repeatedly stated that it is committed to creating value for loyal, long-term shareholders. Yet over the past several years, we have seen little evidence of that—other than dilution and profitable opportunities for institutions and short-term investors.
For years, the CEO has mentioned that analysts see an average share price of around
$35. The reality is very different: today we are sitting at approximately
$3.45. Three years ago, JJ was complaining that the pre-split share price was around
$0.30. Years later, after the reverse split, we are effectively still sitting at roughly
$0.345 on a pre-split basis. So where exactly is the shareholder value that has been promised for years?
