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Re: Level2Me post# 38765

Saturday, 03/07/2015 12:48:07 AM

Saturday, March 07, 2015 12:48:07 AM

Post# of 63559
Yes in these emotional times (for some of us) a lot of opinions get put forth. Lots of short term obsession with the share price here - understandable for traders but long term holders should try to focus on the company performance.

So far I think the points you make are closest to my own views:

1. The offering was probably based on a discount to the split price and yes, as such, was pretty reasonably priced.

2. Does appear the uplist was rushed through - so far this has not been adequately explained.

3. There could have been PR's explaining what was going to happen but for whatever reason these were not issued. I am guessing the offering could have been structured differently, allowing retail shareholders (i.e. us) to participate - again this has not been adequately explained.

4. We are now positioned quite well; on the NASDAQ the company will be taken much more seriously by players from all aspects of the investment industry. In addition we get greater accountability and scrutiny of the company.

Therefore in my view the jury is still out on whether "JN did the best he could in a given situation".