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Monday, July 13, 2015 8:26:43 AM
1. I think that if the company were going to announce (unaudited) fiscal fourth quarter sales as being a record quarter, they would have done so already. So I don't think that there'll be an operationally-oriented mind-blowing announcement this week.
2. As regards the infusion of equity financing, it's getting to be close to two months since the company began "hunting," and the story of numbers of shares and price per share really could come anytime. I'm not "plugged in" and have no idea what will be announced and when it will be announced, but the announcement will, by nature, be mind-blowing.
Let's take a mid-range of the "between $1 million and $5 million" that they stated they're looking for, i.e. $3 million. Let's arbitrarily pick 4 cents per share as the price, so every million dollars means 25 million shares. Thus, $3 million in equity financing means 75 million new shares which is in the neighborhood of what's currently issued post-Gotama. With all the fuss this board made over authorized shares a few months ago, picture the fuss we'll be making over issued shares.
3. The final potential for mind-blowing news is always going to be something in the regulatory realm, and that's a total wildcard. ...though in a related idea somewhat out of the blue, I'd really like to see this company partner up with a major respiratory health center (National Jewish in Denver comes immediately to mind) as regards creating some affiliation in the area of traditional cigarette smoking cessation.
So I wish you "mind-blowing news" this week, of course in a positive direction, as we count down to the full year earnings release and the 10K that will follow (the most fascinating item with the 10K will be to compare the "going concern" language to the prior annual report).
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