It's their destruction of shareholder value that keeps me away. What's to say another 1 for 10 isn't on the way again? I bought at .007 and was reduced 1 for 10 and now it's .007. That's a 90% loss caused by the needless actions of the directors. Now they offer new shares at .007 and if they go on another 1 for 10 reduction FPL would have to find a 100,000 bbl/day well for me to have a chance to break even.
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