Sunday, June 28, 2015 12:16:12 AM
The next "rude" suprise will be additional financing.
Will Titan be a giant in the industry over the next 5 years .... I think so ..... but they are still way behind .... at this moment in time. IMHO .... 2 more years to market .... 3 to 5 more years for market penetration.
In the meantime .... pps will drop. Only IF ... they have some suprise investment company that comes up with big buck ... say someone like BirchHill Investments .. will the pps not continue to drop.
It all started last November when they failed to go to market as prosmised ... based on a reason ( more indicators ) they should have been planning on 2 years prior .... very poor vision .... and then .... waiting till the last minute to inform shareholders.
THEN ... at the time .... still claim they had enough money to still go to market ........ NOT BUYING IT.
Market delution .... another round of financing offering diluted share prices and options. Deny it all you want.
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