Welcome!
There are a few here who are long and [assuming they're being honest], they've got more than my net worth dumped into this. Although that's not hard to do either since I'm quite broke.
I'm like you...I like to gamble, got in cheap, and am aiming for 250k shares to sit on. At the price you got in, you can break even no problem so I'd definitely shoot for long term payouts.
I'm a no hype kind of person...this company hasn't performed well in the past but I'd advise you to do what everyone should do. Look up what the company has going for them...
New CEO, Jason Harvey...formerly of Google and some others. No stranger to directing huge, successful corporations with an impressive resume and a specialty in marketing.
New patents approved. Whether they're valuable or not we shall see but if they are successful, at least the patents are already in place.
Products are developed for the most part and are nearing the end of beta testing with public release expected around the holidays...hopefully well before Christmas but so far no date announced.
Good or not, this new $7.75m equity line says they aren't at risk of going belly up anytime TOO soon.
From what I've gathered, I do believe there is huge buyout potential...it's just a matter as to whether their products sell well and they play their cards right. Good luck to you!
