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Re: colectinmrnj post# 45922

Friday, 05/02/2014 7:35:27 PM

Friday, May 02, 2014 7:35:27 PM

Post# of 84954
I am not surprised by today's announcement. The discussion board has discussed in recent months the prospects of raising the available shares. I think that selling $1 million worth of stock at one time makes more sense than just throwing it into the open market in much smaller parcels to pay costs. Financials show consistent quarterly growth. Expectations for App-Flix and Blink are still in the works and there are a few clients who are consistent money makers, etc. Before anyone would buy such a large stake in the company they would have to be impressed in some way and have some reassurance of prospects in the future. There is a lot more to learn about this development and how it will impact the company in so many aspects, so best not to jump to a lot of conclusions.
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