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Tuesday, 07/22/2014 5:19:23 PM

Tuesday, July 22, 2014 5:19:23 PM

Post# of 6606
Here is what I think about this price level: The company, in the past, puts out a new S-8 filing every 3 to 4 months, adding about 2 million shares to the "shares outstanding" with each filing, and often selling the shares at a steep discount; the "sophisticated buyers" who are given this opportunity, are the constant sellers, driving the price down. (Imagine buying MMMW shares for $.01 and selling them for $.015 a few weeks later...) This has to end, and the company begin to place a premium on its shares, and have some faith in the product it is marketing. Build a lot of them, and then market them and sell them; don't sit around waiting for orders! Continually paying rent, taxes, and expenses (for the company's officers and product development), without any income from products has been, I think, the company's problem, in the past. Bringing in a manufacturing base, having a sales force, and establishing a regular, growing income stream will make this gem shine as brightly as Apple or Google, or SolarCity, or FirstSolar; now, we have a working, practical solar tracker here, let's GET IT DONE!
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