Saturday, September 17, 2016 12:30:14 PM
If you listened to the conference call, you would know that getting a contract could eliminate the need for financing as contracts become self-funding.
That is, you do one contract and than move on to a bigger contract without financing.
The reason why a financing may come is because the company needs a front runner.
That is to say they need someone to stabilize the price action.
A financier may take that responsibility if they are able to invest cheap.
So, at this point, with 2 different ways to go, I don't see much downside.
Yes, financing would be done at a discount, but it would provide a strong hand into the future.
I think someone has accumulated a lot of shares and we should see some good run.
Just like any other opportunity, I can be wrong .... so I am not going to go all in.
I just think there is a lot of things that look good here.
My belief is that on the other side to accumulating, some one else has short the stock in the belief that it will fail.
If good news were to come, this may explode.
I encourage people to look into Plug Power. That company nearly went kaput in 2013, but over the course of a year went from $0.16 to over $8.00
Of course, that may not happen here, but to always point at failure and think this will crap out .... well, I have good counterpoint.
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