Quote: "IMO I am looking at the cancellation as extremely positive and bullish for $OCAT going forward. There is NO dilution now. "
The stock symbol is OCAT (there is no such symbol as $OCAT)
Huh, no dilution? Where did this myth come from? It's ALL DILUTION NOW. OCAT is living off of Lincoln. About as dilution based as one can get.
1) Just cause a "slide" at some presentation says "uplist by Q-1, 2015" doesn't mean by any stretch it's a guarantee. That presentation was to a limited audience and there's "safe harbor" and any other number of ways out of it- just like they yanked an offering they "said" was going to happen. They had no pricing power is what I believed from day one- and also the major botch of the we-uplisted-but-oops-never-really-did put FINRA all over these guys which that right there may have snagged the entire offering going forward at least for now.
2) If they tap Lincoln for enough cash to get their positive shareholder equity up where they need it- it's pure dilution. Also, they're surviving off of and living off of Lincoln right now.
There's no "secret" hidden source of funds coming in or any other myths like that- if they had some new cash source or whatever, a "financing deal" then it's a "material event" and would be plastered on a SEC filing and made public.
All that happened was they had a weak offer and it got pulled. Everything else is pure speculation- some of it so far fetched as to be laughable.
Lets play TOSS A BIG COMPANY NAME OUT THERE NOW AND PLAY FANTASY JOINT VENTURE. Amazon sells a lot of Kindles and likes people who read and watch Dvd's and junk- it's HIGHLY LIKELY that Amazon is going to partner or maybe ( I heard a rumor from a guy someplace) that Amazon may even BUY OUT OCAT for like a 1000% premium over the current price.
See, see how easy that was. That "rumor" is as credible as anything I've read here so far since the PR went out that they yanked the offering.
