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Re: NJHowie post# 11

Monday, 01/05/2015 6:18:36 PM

Monday, January 05, 2015 6:18:36 PM

Post# of 25
That's great, thanks for the insight. I think from a supply and demand standpoint, this one is very ripe for a run. Much like the vast majority of reverse merger deals, this one went through that period shaking out all the loose stock over a year or so where it seemed like there was unlimited supply. Not like the bid/volume was high, there were just always blocks of stock on the offer. That seems to be abating somewhat and I think they have worked through that brutal period of transition where there was obviously a massive blowout internally amongst management in early 2014. But as you said, I too believe they have some proprietary technology that is of value and they are in a very lucrative space. I have been impressed as well that they continue to fund the company on terms that display confidence in the end potential here, otherwise they would be taking toxic money on their way out the door. The financing terms have been, and continue to be, very favorable to the company. Those writing checks continue to pay up to invest in this company, both internal guys and wealthy investors as well, which is huge. Outside guys like us have to triangulate our opinions, and this one seems to line up well from a several different angles. I think we have a good chance to see it play out well.