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Re: TMATT post# 3695

Friday, 09/15/2017 1:17:31 PM

Friday, September 15, 2017 1:17:31 PM

Post# of 18500
tmatt and all... this is one of the strangest situations i have come across in more than 40 years of investing! as you say, company seems to be progressing strongly fundamentally....but the big problem from stock point of view is inability for company to communicate about all going on or promote itself during quiet period. "quiet period" in force until S1 stock offering is done...something that has, due to various delays NOT of BLSP's doing, has now dragged on for months!! yes, would help to get uplist done, but i don't think the primary problem is about exchange...right now it's about NO ONE KNOWING WHAT THE H IS GOING ON WITH THE COMPANY!! If they did, I believe stock would be significantly higher. ibex/lazurus sticking with company is huge vote of confidence.

Like you, tmatt, am wondering whether this latest offering can/should be withdrawn if financially possible so that company can be free to talk about all the great things going on...and reverse pps downtrend. though i don't have enough info to know with certainty (or whether we are now so close to S1 approval that cancellation makes no sense), my gut says result would be a significant price rise...even enough to qualify for uplist. once that occurs, offering can be redone and would likely be less dilutive due to higher offering price...

fwiw...and just my 2 cents worth...