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Thursday, 12/29/2016 1:26:45 AM

Thursday, December 29, 2016 1:26:45 AM

Post# of 757
Sold half my position today...

They really look like they are on the ropes now... I don't think they will even find a market for the next stock placement... maybe for 50 cents a share... and nearly 50% dilution just to get them a couple of quarters down the road...

Still, One has to assume there is a value to a company with leading technology and revenues of around $300mil... today the company is sitting at a valuation of $60M dollars, lock, stock and barrels... that seems really cheap for a company of this size...

A GE or any number of well healed players could take this company and turn it around in a heartbeat...

But I guess they are all just circling for now waiting for the final breath and then they can pick up the pieces for pennies on the dollar...oh wait, they could do that today...

Maybe they should do a kickstarter campaign or try to get on Shark Tank...

Cheers
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