InvestorsHub Logo
Followers 22
Posts 1012
Boards Moderated 0
Alias Born 12/15/2013

Re: Tradeinman post# 52361

Thursday, 07/10/2014 2:23:57 AM

Thursday, July 10, 2014 2:23:57 AM

Post# of 72908
The company will get back to their previous market cap range if they can correct the ship and get to revenues next year. If that happens, the net result of their mistake will be the negative impact of the dilution. It's a lesson learned, there's a lot of risk when you're using toxic financing.

In other news, I'm expecting some sort of CEO corner or something this week. They did promise us bi-weekly updates.

In my latest exchange with Jimmy, he expressed that clarity will be more evident from this week moving forward and that news is only a matter of days away. Again, they wanted to wait for all the convertible shares to be sold through because they think what they have to offer will make for a more favorable market.

With respect to your concerns T-Man, Jimmy reiterated Don's message, that there may be no need for future dilution, though he conditioned that on the need for his work having positive effects.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.