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Re: None

Wednesday, 10/12/2016 7:31:01 AM

Wednesday, October 12, 2016 7:31:01 AM

Post# of 49435
Pros and Cons. posting an update could conceivably interfere with ongoing negotiations. On the flip side, can it interfere any more than single digit penny pricing? Revealing plans with pricing this low may allow a company to try a cheap buyout. On the flip side, if they were honest in their reveal, most would not sell, instead being patient and would want to buy more shares, competing with the hostile buyers. Bottom line is in my opinion the company loses good will by doing nothing, and while that may mean nothing now, down the road let's say they want to do an expansion with warrants rather than debt it may be harder with a history of being a secretive board. Certainly a secretive board is better than one that dilutes but how much better? We will find out. The market is turning, at least energy. I believe if the stock has not turned by end of year it may find itself as a true penny stock. On the other hand any move upwards, or beginning of buying pressure may shoot this back up to sub dollar realm. Just not sure.