DSULLY- take any stock that goes from 8 cents to 99 cents while the float goes from 15.7M to 72M+, what do you have? A company that has grown greatly in value.
Do I dislike a $1 share price while the company holds a $162M IDIQ? No, I do NOT.
Why are we here today?
- dmrj ongoing convert took the float from 15M to 72M and the market thinks they are NOT done yet, so therefore any positive developments get washed away quickly.
- competitive pressure...and guess what-- Dr.Jones can speak to this better than any one else can, save Dr. McGann as they were the competition.
So how bright is the future? Dam bright if they clean up the cap structure. NO CEO in the world likes to ride around in a car that keeps floating higher and higher until there is no oxygen at all. Bolduc will work a better deal and when the market realizes that the float is NOT constantly rising, then and only then will the company's positive developments begin to be reflected in the pps.
Its obvious and its at hand.
