Marchio, welcome back, it's been awhile since you've posted here, and your bearish leanings on VHUB are not to be taken lightly (though I think that the board would benefit from seeing you present your reasoning behind those beliefs - you have asked good questions, e.g. definition of "golden cross," so you might as well show us your reasoning for your opinions). I had to go back a ways to confirm my suspicion that you were referring to a post I made back on May 27 which had a lot of detail to arrive at my guess that the stock might see .09 next year.
Before "doubling down" on my opinion of a month ago, I'd really like to wait and see what will come out of the company's "capital call" on May 23 where they're looking for up to $5 million in new equity. If pressed, I'd admit that I'm slightly less confident in my guess than I was in late May, because I believe that the company's presentation at a micro-cap conference which featured a projection of something like $17 million in net income in a couple of years was so "over the top" as to invite skepticism. Also, the press release which celebrated the high monthly sales of May was "incomplete," as it didn't use that same opportunity to tell us, for better or worse, what April sales were.
But while the company has, in my opinion, made itself a little less credible in the past month, I still would remember what I think was Sgreg's mention that this particular sector of the stock market is driven by "hype and emotion." The rapid growth of the vaping sector of the economy, coupled with VHUB having excellent products according to the vape-shop owner in our midst, would still lean me bullish on the stock, and I don't think it's that big a stretch at all to see a doubling in the stock price in the coming eighteen months.
And so, Marchio, while I can understand the case for pessimism on VHUB, I think the case for optimism remains somewhat stronger at the moment. But I'd really like to see how much equity financing the company will bring onboard and at what price for the new shares. ...and as I wrote at the outset of this post, I'd also like to see you defend the bearish case rather than just give our colleagues on this board ammunition to belittle you with names like "troll" (I think that when a discussion board descends into name-calling, its days of usefulness are numbered and its days of being an enjoyable experience are over).
