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Monday, July 06, 2015 8:54:21 AM
I like your implied distinction between "mind-blowing" news and just plain news. In the category of "just plain news," the recent 8K filing which we discussed recently (involving the Gotama loan-conversion and the announcement that there will be no additional borrowing via Typenex tranches) needs to be amplified with a press release to give the stories broader distribution. But it's not "mind-blowing" because we already know the story via the SEC filing. Similarly, what I'm guessing to be the fact that the monthly amount due to Typenex has been paid with cash (generated in part from the recent bridge financing) rather than with shares is a matter of expectation rather than a matter of any news at all.
But I will predict that there actually will be mind-blowing news to be released soon. You'll recall that the company announced that May was its best sales month ever and seemed to be cautiously optimistic that June sales would be OK (but escaped saying anything about April sales). So I'm going to predict that the company will soon proudly announce that the three months ended a few days ago generated the best quarterly sales ever, as May will be sufficient to "carry" the other two months of the quarter. What will not be stated is that the company didn't hit $6 million in sales for the fiscal (yes fiscal, not calendar, year, as I rediscovered that particular press release over the weekend) year which was a prediction the company made in an earlier release.
Most of all, though, there's got to be news coming soon as regards the company's search for equity capital. I'm sure the news will be mind-blowing, but only God and the Winthers know in which direction the mind will be blown. Given that the company is in a rapid-growth industry and has great products, according to people I trust such as yourself and RPH, I think the odds favor that the price isn't going to be a large discount from where we are now.
We'll see soon enough if I'm right about any of this.
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