Sgreg, good morning, and I wonder if you could help me work through a puzzle as regards VHUB. Let's assume that they do reach $2.4 million in sales in the current quarter such that they reach their $6 million target in sales for the fiscal year. If we just simply annualize $2.4 million in quarterly sales, that takes us really close to their projection of $10 million in sales for next fiscal year...which means that in essence they will have stopped growing. Something doesn't feel right to me, and I trust your insights far more than my own on these matters.
In a somewhat related matter, I suppose that the major announcement this week will be that again the 35K monthly debt service regarding Typenex has bee paid in cash rather than in stock. But I'm not quite sure where the big triumph would be in that, as wouldn't the most likely scenario be that they paid those funds out of the next tranche of the loan? If they're burning through cash at about 80K per month (referencing the quarterly loss here), that still leaves each new tranche providing net incremental operating funds.
Overall, I think that we're in a stage here where the company actually will be doing whatever it is they can do to boost the stock in the short term so that the cost of the equity infusion will be less (meaning that whoever buys new stock will be buying at the highest price the company can reach in the negotiation, and the best place to start is at the then-current price of the stock). I agree with you that the company spokespeople have not been pumpers (to be complete in that statement, it's true ever since the Investor-Edge pump and dump of a year ago), but there will be temptations over the next few weeks.
Finally, I want to second your comment about the "quality" of this discussion board. As long as opinions diverging from the majority will be welcomed assuming analysis has been provided, this is actually a great community. I do think there is room for some occasional cheerleading, since most investors in this sector will lose most of their money most of the time (from what I've heard and what I've seen when a stock is recommended).
Have a great week for yourself!
