Mar. 24 at 3:48 PM
$PESI If the company knew, or suspected, there was a high likelihood of needing to raise capital again near term (i.e., the cash burn rate has been easy to chart and extrapolate for a couple years now), they should have done it less than two months ago when the stock was above
$16 per share. As many here may recall, this is NOT the first time that has happened when a
$16 share price was staring them in the face and they waited to do an offering high-single digit- to ten dollars per share . What does the CFO do? They know much about nuclear waste remediation. They know little about running a business and enhancing shareholder value. If they had not the reverse 1-for-5 split well over a decade ago, the stock will still be sitting around
$2 per share. How's that for enhancing shareholder value? How's that for wasting the best part of your management career?
