News Focus
News Focus
Followers 11
Posts 1516
Boards Moderated 0
Alias Born 10/20/2014

Re: tedpeele post# 28757

Tuesday, 10/27/2015 3:42:56 PM

Tuesday, October 27, 2015 3:42:56 PM

Post# of 47873
TED- I have no proof other circumspect deduction and a long history in this stock. I spoke with GB once, his strategic intent was crystal clear...then he hit/achieved most of the milestones that underpinned his tragic intent. BUT...huge but here, he had one problem he had to resolve one huge problem (IMO), that was the cap structure. During the Nov.14 CC re: TSA first order of 1170 units, GB spoke of incoming refi interest, he actually bumped that to Roger, who confirmed that. I believe that CC has been deleted on their website. Why do that? Cover the tracks? I don't know, BUT I knew that DM was NOT going to like this reference to a REFI...WHY? I ruins their "Chinese River"...almost immediately thereafter, the company shut down external communications. I guessed that something bad was afoot.

Again, I refer to historical share counts: when DM arrived, about 16M, latest count guess is over 80M...sure some option/awards/payments to consultants...say 8M, the rest are the Chinese River. Why would they want to stop that river? And why is the company so stymied when talking about it? You can draw whatever conclusion you like, I have mine. And that is what keeps me from buying more shares from the DM train heading straight into the river. Again. For like the 55th million time.

My simple math and its very simple, TSA/ECAC = 220M in sales, at 50%GM leaves 110M- minus 2 years of operation of $50M total ( likely low)= 60M to pay out DM...and that would be great news IF they had the brains to pay out overdue interest, because they don't we will likely be over 115M shares easily and have a product at end of life, no money--- so the "E" and Conveyor linked Multi E are the hope of the company, IMO.

I totally agree with mcGann's quest to build a multi-headed vortex non contact ETD that links to an EDS machine for baggage and cargo and sells for $350,000 min. because THAT is what saves value here and almost guarantees a buy out, which completes GB's strategic intent, which is the only reason I am in this stock. That's full circle from my perspective, all deductive guesses, no proof and I am sticking to it, at 43 cents a share I am NOT a buyer NOR a seller, AT 25 cents a share, well, that would depend on the e-news...

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today