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Re: Edgarsmoney post# 1234

Friday, 11/04/2016 5:08:38 PM

Friday, November 04, 2016 5:08:38 PM

Post# of 2830
All I an tell you is that both of those events are significant steps forward for the company. In my opinion, adequate working capital is the last piece of the puzzle.

The increased selling pressure since the 10Q was filed is most likely due to the selling of shares just received as settlement from convertible note litigation. Until 5BARz was SEC compliant with their filings those shares could not be registered and then sold. Most of those lenders are rarely long term shareholders. There have been a lot of 100,000+ share trades all week lending credence to that theory. The good news is that this process seems to be abating.

If you remember when I posted my assessment of the most recent Q, I said that "there might be a little more short term pain". I was anticipating this liquidation from former lenders. Beyond that, with working capital in hand, I agree with Gil Amelio when he said that 5BARz would be the next legendary company in the telecommunications industry. Those were his words not mine. As the former CEO of Apple Computer he is in a good position to know just what a "legendary company" is. I think over the next couple of months shareholders will be more than satisfied with their company and its share price.

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