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So to me they’re is still one question answered: why are the warrants still at $.40x$.50 or so. Even if they were going to change the conversion to $4 they still wouldn’t be that high.
Yeah I hear you Stevie. The problem is there’s no liquidity so very difficult to get in or out
Yeah I agree namah. Did you notice that this was not put out in a PR. No comment from the CEO nothing about what they’re doing or what their plans are. So this won’t show on any business wire so unless you follow the stock you will never see this. Hard to get people to invest in your company when nobody knows anything And they don’t say anything
Yeah I thought this quarter would be kind of nothing. It’s still too early. But that 1.5 million in cash you were pointing to the other day is now less than 1 million. So They went through a half a million $ in three months.
A lot of companies do that, They tell you What day they are going to have their earnings report.
Well it would be nice if they would announce it before hand as to the date. But I guess either they can’t afford it or they can’t be bothered with it.
So we are expecting the earnings report today?
Yes you’re right they do that, But very seldom are these small stocks Profitable so that means they have a cash burn rate. So we’ll see when they post some numbers what kind of position they’re in.
Yeah that could be right but number one we don’t know their cash burn rate & 2, I sought in one of the filings that they may need to raise cash.
Well I don’t believe anything until the stock says so. I think one thing holding it back is they don’t have much cash. That might mean they have to borrow or sell stock neither of which is good
Well dreaming big is fun! But is very possible will have good numbers. On the warrants I wonder if they’re going to reduce the conversion price down to $4.
Dang I just look at the warrants! What in the holy hell is going on there? The stock would have to be over five dollars to make that right.
I doubt they sold that Indian stuff With out a PR. I think that would be a material item.
Yes Stevie, I wonder why they don’t talk about the business in India?
No I doubt that. These guys are smarter than that. It could be somebody pushing it because they can. But the fact the stock is not moving is very strange.
Well if that was the case The stock would be moving up dramatically. Yet the stock does nothing with no volume.
Well but the question is why is it going up so much?
Anybody see what those warrants are doing? Jeeze
Can anybody explain why the Warrants are $.33x .34 ? Isn’t the conversion still at $11?
Looks like we’re getting a few bidders. And some volume. Maybe we’ll get lucky and it will go to $3 today
Closed does not sound that good. Easy to move but not so much fun paying off the lease.
No, Does it look like they’re doing good?
I would think profit is pretty far-fetched at this point. Some decent revenue would be pretty good but that’s not a given either.
Yeah that could be very helpful to get some news in the middle of October. The market just needs to see some kind of info on how this company is doing. Right now we’re getting a couple trades today. Seems like it’s holding & moved up slightly. But the really low volume is killing it, You can get in but hard to get out. Investors and traders don’t like that.
Check those warrants! .30x.35. Lol wow. I hope it means something
Well It was fun for a day! So if Trump is in trouble the markets just go down every day. Ok
Yes it’s very very thin! It could go up a couple dollars in one day easy.
There she blows! Doit??
Yeah I don’t get the warrants, Price doesn’t seem to make much sense yet. Unless they’re going to drop the conversion down to $4 Or the stock gonna go to $5 really quick
Well I would love to get excited!!! Lol. If we could just find a way to get that b/a down to .05 that would help a lot. Almost 3000 shares traded today wow ?? we’re rocking and rolling now. Ha
Well like I said just a guess. That was my 500 buy at 2.29
Well if I had to guess, The market acting like crap today & This stock is not doing anything So people sell and reduce their risk. Maybe will just dump it down to $2 or lower And I’ll buy a couple thousand shares.
Well looks like I’m not the only one not excited by this
Yeah little volume there at 2.43 But no bid support so I’m not excited yet.
And did you notice that slam down yesterday and then big up today! To me that looked planned and deliberate. It looks like they wanted to clear out the sell stops
Yeah I agree, Without the stock moving The only thing I can think of is they may vote again on reducing the conversion price to four dollars
That’s really strange that the warrants jumped up quite a bit with no news and no movement in the stock
That last trade is what is called “painting the tape”. Ha
I just noticed the warrants are finally getting down to where they belong. I figure they should be worth no more than $.10-$.12. Maybe I can get some action going on over there
This stock is pretty much a big waste of time right now. Just a few odd traders once in a while. But I guess we’re not laughing st people putting in low bids anymore. Lol