Good post. I do agree with most of it.

I could add that the reciept of the tax refund could also help the share price (moves the bird from the bush to the hand).

I hope they decide to be finacially conservative so that we can make it until demand improves. This is a key issue in my books. I would even suggest that a clear survival plan/financially conservative statement from the company would also help the SP as it would ease fears of dillution going forward. That lack of a clear survival plan - considering the reality of our current market is likely part of why our SP is sitting where it is. A clear plan going forward would remove the consolidation risk that may be keeping investors on the sidelines?

If they want to take Arizona and Carmax further, I personally hope they set aside our cash in hand and the coming tax refund as survival money for SC as that is where our value is IMHO.

Find alternative funding or spin off to develop the early stage side projects now or shelve them for better times. Don't wait until they spend all our survival cash! Its clear we don't have the funding currently to bring any of these projects to a saleable stage, so make it a requirement that each project finds its own funding going forward through EE or whatever other options they have available. Don't spend our survival money for SC on something we can't complete anyways? Tell the shareholders you are protecting the investment we are all here for...