Get ready for liftoff. The thesis for this stock is still very much in play. The bottom is in, haircuts have been had and those that continued to avg down will begin to see the fruits of those investments grow.
Just ask yourself, is the company better or worse off now than prior to the 41 mill term loan?
Better....the toxic debt is gone, so is willis, the warrants on the 41 mill deal can only extend up to 25% of the fully diluted share count so with 65 mill minus the options that exist your looking at maybe 10 mill of possible dilution (which I think happened in the last 10 days)...So that leaves us flushed with cash at the company level, still very nimble on our OS count and poised for growing revenues after the murphys deal in Q1.
Time to go higher
