Thanks Augie, Firecracker and Mr Tech,
After looking over your posts I am more confident that the company is actually closer to the point of getting this share thing under control than I thought when I looked at the 10K. I can handle 15MM more shares coming in, but I cannot be comfortable with 55MM more shares. I sold on the concern of the 55MM and when I saw the share price faltering, figuring that many other shares were going to draw this back down a bit, even thought the 10K looked pretty good. I have no visions of grandeur that my uneducated posts have ANY inkling of a chance of putting pressure on the share price, LOL. I am utterly surprised that you would even think such. I WISH I had that kind of influence, but not in the real world.
I was concerned that I was again experiencing another flood of shares from conversions into the market when the price met .40 and faltered - an overwhelming share flow that I just cannot win a fight against - so I sold half and held the rest in case I was wrong. I post on the board because I want the company to know what I am thinking when I make such a decision. NOTE: THE COMPANY, and any other shareholders that might be able to intelligently show me somethings that I might be overlooking, with substantiating PROOF. I will weigh it, but will NOT BELIEVE it totally until I see the unrefutable PROOF.
I view the message board as kind of a community here that are watching out for each other, (And my appologies to you East for offending you - I just get very frustrated with shareholders only posting positives so that other, less informed and less disciplined people are led into undue risk with their investment. By not also making sure negatives are brought up so that the more naive share buyers might be sure to weigh ALL SIDES of their coin tossing, I feel posters are just pullling people in that they should be warning first of the pitfalls).
I feel it is a disservice to others to not voice what is causing concern for you when you own the stock. That is akin to telling my 8 year old to go swim in a stream but not warn them to stay away from the drop-off edges and the rough waters near the middle. We are here to help each other see ALL aspects, positive and negative, not just to post how excited we are that we hope what the company "SAYS" will bring us all a bunch of loot real soon. And to have a few laughs, I hope. I think a bit of jousting and joking makes a board a bit of fun, as long as people don't get their egos too caught up in it.
I still need to hear from Phil what real assurances we have that that 40MM are not going to flood our market here, but I think he plans on getting them under control and us shareholders will not have to take the brundt of the hit.
I sold half my position because of that, and I will buy it back whenever I feel comfortable about how that is managed
Now, Mr. Tech, insinuating that I sell and then talk bad about the company is just totally off base. I talk the exact same way when I am holding my full position and actually, usually when I have sold out, I disappear and do not post again until I start holding shares again. I am too busy watching whatever other company I decided to put my money into to visit NMKT and the things that concern me about it until I own part of the company. I still read the board, may post a question or two if I'm contemplating jumping back in, but I do not get into the discussions too much. So Mr. Tech, you often do yourself a disservice to put off concerns of another shareholder as a manipulation technique. I cannot manipulate this with my opinions one little bit. What I can do is tell the company what I am concerned about so that they can see why people are getting scared and bailing. I am just a bit of uneducated perspective into the retail sentiment just like many other retail shareholders are. And we are the people they are selling many of their shares to, so it helps for them to understand what we are seeing, and what is scaring us. Sometimes, other, more informed investors on boards can straighten the confusion out, sometimes the talks with the company straightens things out, and sometimes the company has to bite the bullet and realize that shareholders expect some things to be handled differently if us retail shareholders are going to support the company in the way the company hopes that they will.
THAT is what the message board offers, IMHO.
If anyone is too offended by my blunt approach, please do not feel concern over having someone else be the moderator. Believe me, I do not get insulted by others' opinions. I'll try to keep things in line, but I do love to goad people on a bit, all in affectionate fun (and some frustrated concern for others not seeing the bullets coming at them). I also take note of different people's sensitivities and attempt to adjust my approach to them when necessary.
