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Re: rsh post# 2948

Friday, 12/18/2015 11:08:12 AM

Friday, December 18, 2015 11:08:12 AM

Post# of 26233
You are focusing on the wrong things.

The question is if a company has growing sales, a decent product that has been shipped to 35 countries a lot of built inventory, patents (IP) for its technology and is operating is it worth a few million dollars to someone to fix up a SMALL problem that has appeared to be big due to the lack of proper financing.

If I have this figured right about 2 million not only takes out the convertibles ending the dilution but also the derivative liabilities of approx 900k or so. So 2 million gets rid of 3 million.

We have 2 big positive and 1 big negative news wise. The negative is the ever falling Crude prices which make alternative payback periods longer.
The two positives are the global warming pact and push for renewables and the re-funding of the import/export bank which guarantees a lot of this inter-country trade by insuring credit lines (like Windstreams)

I also do not get all the negativity over Bates. Stocks go up and down all the time. This company has had steady sales growth from inception. The economy was in free fall and lending to small business all but shut off in recent years. The pump and dump happened from outsiders. No management insiders sold stock.

As an example of a workout, investors could come up with 10 million dollars and have a new debt free company with growing sales and a new bigger credit line. 10 million is chump change these days.

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