Joe as usual
You portray your best reasoning when you come down off the mountain and re-establish the path you've been on to the top. Its difficult at best when your "on it" as opposed to away from it for a spell, as it is easier to see more clear from a distance.
Look, we have quite literally experienced the perfect storm of sell off conditions. We started with Cornell exercising 40Mil. of 50Mil. $0.20 warrants commencing 03/06, followed by Schedule-A wherein a shortfall of shares to cover a default on 350Mil. Series C preferred was trumped to an additional 4Bil. Authorized, bringing the total to 5Bil. A/S. Next you have a few Form 4's filed by ABHayes and CFritz, and all kinds of suspicions and misconceptions are in abundence. Who could have predicted?
However, I still maintain the biggest hit was due to Cornell. Which is precisely why I would much rather take a poke on the jaw now than a full blown TKO from them down the road. I say between 6 to 12 months, they are gone, NEOM is cash flow positive and PC is for out in the mobile marketing lead.
With that said, I believe your friends are doing exactly the right thing now in acquiring more shares. Being a Janus disciple, all research indicators are pointing to a return of $0.40 to $0.60 in the not too distant future. Why? Simply put, revenue projects (as you've requested) coupled with the proper managerial guidance and information distribution channels. Additionally, the vast majority of corporate officers are holding if you read the insider roster. In fact, those that have sold have bought back options that would have expired otherwise, e.g. JJ Keil as of recent.
All the Best, JP
