Thursday, February 04, 2016 10:45:27 AM
>>Nothing will happen with price until Visser is done disposing of his 9 million shares...every time it goes to 0.09 he dumps another half million and snuffs out the momentum.
>>Next hurdle is Visser's 18 million warrants that have a strike price of something like 17 cents. They expire in the Summer of 2017 and will provide overhead pressure and sort of a price ceiling. When they expire it removes a potential 4% dilution.
>>Small trial orders...you have to make some number 10-20-30-? of development trials on your way to something really significant. Think in terms of "panning for gold" ...its mostly tiny flakes with an occasional nugget. If you don't have the flakes the prospect of a nugget is much smaller.
>>By the way..the numbers are not large in dollars---9 million shares at even 10 cents is only $900K and 17 million shares at 10-20 cents is still not huge.
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