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Wednesday, September 24, 2014 3:50:46 PM
News of $800,000 in new financing was released today. We have about 100,000 total shares changing hands (w/ a total trading value of less than $2k) with less than 10 minutes left to the trading day. Which of the following is true?
a) Share volume is anemic because word has not yet gotten out (even though this forum is seeing more dialog participation today than it has seen in quite some time)
b) This is very welcome funding (even though the company providing the funding is known for providing financing of the toxic convertible type)
c) At .02, the OWOO share price is showing a healthy rebound (even though this boost to the share price still leaves it down about 90% from where it was trading immediately following the 1:750 reverse split, at about .22/shr)
d) Doll sales at HEB and other distribution channels are robust (even though we've received no evidence of this, and the company continues to fund operations via third party financing)
e) Old investors/potential investors now know exactly who they are dealing with
As always, simply my opinion.
ouch OWOO
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