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mas

Re: buffalop51 post# 19464

Monday, 12/15/2014 1:27:52 PM

Monday, December 15, 2014 1:27:52 PM

Post# of 47873
If the sp was $1.75 plus right now and a $1.75 was solid base, neither of us would be having this discourse.

Just not going to happen until buyers take all of DMRJ's 90m+ options off their hands. You have had quite a lot of good news recently but the collective volume burst in that week was what, 6m ? It's just not enough, you need major new buyers of this stock and you will not find many big takers while you sit on the OTC still having never made a profit with negative book value and huge toxic dilutive debt. Regardless of whether cargo or checkpoint was pursued first the collective good news would have been no different.

You should start attracting new buyers if you start producing profitable quarters but again you will need to catch a big whale or two to make a permanent sp difference as DMRJ take the sp down to the no-mans land in between their 1.09-1.18 options and management's 1.40 options every time.

So what are your options ? Well you could wait for March and see if there is new re-financing but seeing how chummy Buldoc is with DMRJ, who are represented at Board level and allow him to award as many options as he likes to himself and his team I would not put out much hope for any change in the toxic debt just another extension of it. So no change means waiting just for profitable/higher revenue quarters, perhaps selling some shares on any spike and reloading back at these levels for the next merry go-round. It's not much of a great hope but it allows you to stay long if you like the company while booking profit along the way as the debt gets slowly diluted out/paid off.

The other alternative is to get enough of a shareholder block in place to remove or greatly influence Buldoc and then get the DMRJ/BAM debt re-financed asap, one plus side of all this dilution is that collectively retail investors own this stock and have great collective power if ever harnessed and focused e.g the ability to nominate own BoD and then CEO.

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