Re: LOL - TDAmeritrade
I received the same type of email this morning at 2:41a from my brokerage firm. Once again, the little guys get slapped around and treated like an after-thought. Seems to be a theme with NAVB. We're supposed to fire drill it today if we want to participate in our own dilution. The Maxim Group is clipping a couple million off of this deal and the best execution on their end is the delivery of the rights offering to SH's within 24 hours of when the deal expires? I'm still kicking myself for not selling and putting this company in my rearview mirror when Latkin announced his "deal/no deal" with Jubilant and Mastiff over 2 years ago when the stock was at $4++. We'll be lucky to ever get back to $4++ after this dilution and the the addition of 106M shares. That would require the market cap to increase from $15M (where it sits today) to $560M+ ($4/share @ 140M outstanding shares). A lot to expect from a company that hasn't accomplished anything but talk really.
To borrow a quote from another frustrated long -- "thank you sir, may I have another". The hits just keep coming...