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Thursday, July 20, 2017 1:03:40 PM
It's clear that anyone watching this stock must expect an announcement sometime soon... but if there is a lot of speculative buying, and no announcement after one... two... three months (totally possible), then all that money spent bidding up the price could just turn to scalping the winnings. Am I mistaken?
The steps I think we have to see are (in no particular order), 1) increase of the common and preferred stock, 2) marketing material and website for eDiluent service (the CFO already registered the domain www.ediluent.com on May 26), 3) perhaps a bit of media coverage to get the idea of 'electronic diluent as a service' out there, 4) a contract of some kind.
I don't think they would announce the serious contract with Kinder that we all suspect is coming until they deal with the common and preferred stock. Maybe I'm mistaken.
Just trying to get my head around the timeframe here.
I guess I give it all about three months. In between that time, I don't see what is stopping us from dropping down to 0.15. It has happened many, many times with this ticker. I would like to be wrong about that.
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