Friday, March 13, 2015 6:01:51 AM
The facts again ,
Positron market capitalization sub-$10mio .
Large shareholders ie. Rooney, Conn, etc etc all own restricted stock at much higher levels. They all invested the money in the last year.
Why ? There are no machine sales as there is not drugs. The ONLY revenue the company has is service revenue from the previous sale of machines . I believe it's 35-40 machines . I actually couldn't figure it out from the filings.
So, why again DID they invest. I wouldn't as it's a slow grind to going worthless UNLESS there's a plan. The plan is easily spelled out in the filings. Positron is trying to enter the radioisotope business by building a cyclotron. A cyclotron is a HUGE deal the only entity that has one is the Dept. of Energy , yes, the USA government .
Positron, is trying with a partner to make a cyclotron project a reality .
The reality is very close .
Obviously, the company must know or why would ALL those large investors invest at higher levels in a company doing nothing.
This is an opportunity to buy this company and stock at lower levels then when they invested . There not selling this I'm positive of , it's beyond a belief .
let's say they get the project . BOOM, overnight a 30 year old company becomes a success . $8mio mkt. capitalization becomes maybe a 10x multiple. The project proposed is reportedly worth anywhere between $250-$350mio so truly I don't know what is the proper valuation . I do know and firmly believe it's higher than an $8mio market capitalization.
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