People pull rabbits out of hats all the time. As it is this went to bid a few times over many days and well then people can get out at what they paid. Was thinking of testing the bid but I dont have much stock.
This company is a mess, but Bates could have closed it down many times. And these people working with the product believe in it. Talk to the Colorado distributor who just put in a system or the other people I have mentioned or seek them out on facebook.
I have seen "idea" companies with an obvious sham going on and no sales or business get promoted.
The way I would do it as I said, take out the cheap stock, have management and new owners get in. All they need is one of those big deal in India to pop and you have a story. (like outfitting every trainstop as they did a trial on that).
There are ways to do this deal, its not a lot of money and the increase from the depressed market value to 10-20 million would make the deal easier as if you get enough stock cheap would make almost enough money to cover the debt re-do.
I never thought this would go to having a bid without something happening so that much has been a surprise thus far. And some people even about at .0002. Who would buy at .0002?
interesting stuff
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
