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Re: $hellKing post# 5612

Saturday, 01/21/2017 12:35:33 PM

Saturday, January 21, 2017 12:35:33 PM

Post# of 5754
I'm looking at it, Shell. I saw this before and stopped short. I guess my problem is that where I go to first is market cap. I like what you have found and like what I see. However, I have a first-stage filter I have to rule out first and that's where I get hung up.

One, the market cap is $7M before any new issuance. There will have to be a new issuance. The OS is 22M. That's too high to remain. There is going to have to be a massive reverse split first. And that's great for acquisition below a penny. Problem is, the market cap. That's what I can't get past, the capital structure, so I can't get to my second stage of analysis.

If you give me a good reason to get over this hurdle, I can be motivated to look further. This is definitely something I could be interested in, in the future after a reverse soplit and more clarity. I would just need to re-evaluate at that time.

Beyond that, it looks very exciting and interesting from a preliminary skimming. But I've only skimmed, to be fair.

The stock could sore before any reverse split. I'm not saying you won't make money. I'm just saying it's a gamble to me. It's not a sure thing and not my comfort zone. I think our other mutal interests are as sure as you can get, and that's where I like to reside.