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You will be wasting your time calling I.R.
I'm serious!
For an answer to your question call Rich Inza, he will intelligently discuss the situation and provide the information you are looking for!
I would hope Gary is actively pursuing favorable financing.
I feel we are in a position that if we had units ready to go they would be leasing/selling them very quickly.
JMO
I’m referring to simply obtaining funding from the owners of Werks Mfg.
What are your thoughts on Gary approaching the owners of Werks Mfg for reasonable terms financing?
They appear to have substantial holdings and a first hand insight into the product.
Just thinking out loud.
Maybe the number in fact was quite low and Gary felt it more advantageous to not disclose.
Even really positive news doesn’t move this.
He should just put the number out there and let the chips fall where they may.
My belief is that the 50% down payment amount will be very small.
Just due to the fact that Gary would not elaborate on the dollar amount leads me to believe that.
My own opinion is that it's less than $100K U.S.
I'm curious if Gary has approached Werks Mfg ( the family that owns it)and seen if they would be interested in making an investment?
I would think that an organization such as they would have the capital resources available.
Who better then they knowing the unlimited potential would be suited to get this moving forward?
Just a thought.
Why with just doing the CC would be even need to do this?
Intelligently discuss..............
Wouldn’t it be to the Company’s advantage to try and boost the share price so that when debt is settled with shares it would take fewer to do so?
Looks like this is dead money until 2021.
Gonna tuck away my shares at a .0275 avg and wait it out.
Fortunate to have some funds cleared and will look at playing some of the stinkies that are producing some quick gains.
Hope all here come out of this on the big time plus side.
For the most part a good bunch here.
.02’s really came back quick!
I was confident they would.
Good day to all!
Thank you!
Isn’t this the same PR from weeks earlier?
Snow.
You are putting Gary in the “average” IQ range.
Since you made that assumption, would you care to share yours.
Asking for a friend.
When Gary stated that he will continue to pay down debt with a combination of cash and shares that pretty much told me where this is headed for some time to come.
I hope your optimism for that price prevails.
It basically took the hype of the CC to move us into the range you suggest. I don't see any catalyst between now and EOY to even do that again.
We've witnessed that positive Q results did nothing for the share price but cause a drop, With Gary for the most part sticking with the $4M figure I just don't see it moving beyond .035
JMO
I don't disagree, there is much to "look forward to".
Past history with all the positives has really done nothing to move this.
FWIW.
I really believe that if Gary would quit playing it so close to the vest and give out more information this could and would be able to make some appreciable gains.
With everything going on there has to be some nuggets that he could give up that wouldn't jeopardize moving forward.
I can't help but feel that there is some reason why he doesn't want this to move North. On more than one occasion ( not just yesterday) he has made reference to not being concerned with where the share price is at.
I also feel that he was less than truthful when he made the comment about not paying attention to "chat rooms"
With him speaking to certain individuals right here he's very much aware of what's being said.
Just my own thoughts
Time to tuck this one away and glance at it once a week just to make sure it has a pulse.
I truthfully don't expect much change at all in the immediate couple months.
.025/.035 is gonna be a range I expect we'll see with consistency.
JMO
Ok
Why?
Look at the reaction to all the good news ( no sarcasm )!
This will linger here( possibly high .02's again) until years end.
This is an odd one as far as reactions to somewhat positive news.
Encouraging Q's
Consistent growth
Encouraging news on U.K. Dealings
Many will tout that it's up 500+ % in 9 months( including Gary) but with all that's taken place in the last 3 months that could easily be double/ triple.
At the end of the day I guess more people feel it's a .03 stock than a .05 or .10 stock.
Frustrating when shit companies can move 50-100% in a day or two with nothing of substance and we can't seem to hold modest gains for more than a couple days.
JMO
I'm certain you're not alone.
Cudos to those who sold in the mid .04's.
Looks like we will be back to trying support .03 again by weeks end.
Gary pretty much said the PPS is not a concern of his at this point. He gave some bullshit analogy of Ivory soap and left it at that.
JMO
Or laughing all the way to the bank.
Either is possible.
We need to know the $$ value of the purchase order.
That would go a long way at instilling greater confidence AND attract more investors.
$50,000 contract
or
$ 5M contract
It’s all good but more is better.
JMO
"PO's are in hand and monies paid"
What does that mean in terms of revenue?
One purchase order for one machine or several purchase orders for 100 .
My take is that it's not in any way a substantial amount since Gary's guidance of 4M stayed the same.
This should be reflected in 3Q and 4Q numbers if monies have been paid.
JMO
Got the purchase order today from the U.K. Is what I take it as.
Old school Gary! The stock price will take care of itself.
Gary hasn't disappointed so far!
Same old vague generalities.
I'm gonna say that the $4M number stands!
UK very vague.
Memories of the last podcast are coming back when I heard Gary's voice.
I see why they made it a 60 minute call.
55 minutes of boiler plate disclosure.
Tranquil, soothing music.
Reminds me of the intro to a low budget foreign documentary.
3:59 is fine by me.
I'm betting this will claw its way back and finish Green today.
JMO
50/50 chance in pennyland.
Could be up could be down.
Sometimes there's no rhyme or reason to way these react.
Risk/ vs. Reward
I think the reward outweighs the risk at this point and am holding tight until I feel otherwise.