The best thing we can do is WAIT to see what the terms of any new money will be. THAT is the ONLY thing that matters - what real blue chip investment firms value the company at, not upon our speculation or calculations. It will be based on enterprise value with all sorts of sophisticated market and revenue calculations based on formulas solely designed to maximize their investments, so its WHAT THEY value it, not what the company nor its shareholders value it. If you think the float will not creep up, then keep dreaming. The company needs AT LEAST 1,000,000 shares in the public float to meet one of the requirements of an uplift. It needs a $4.00 stock price and $4M in shareholder equity. So the float has to grow - and knowing this company, it should be calculated growth when it happens. The shareholder equity is resolved on the very first $5M, and by going on non-deal roadshows, the company is obviously trying to get to 100 public shareholders and stimulate interest in the markets and to meet that listing requirement. I simply don't get what some of you see - I read that this has been the CEO's plan since the end of the summer, and every single administrative and mechanical step seems to have been executed and achieved flawlessly so far - with the exception of the unauthorized conversions, which the company is now addressing, and apparently had no control over.
Even at a 1,000,000 share float - the float is small - no one knows this company exists - what the hell do you want? The IHUB mentality of invest today, and take huge profits or losses in 2 days DOES NOT WORK HERE.
The more you speculate in order to trade, the greater disservice you are doing to the company IMHO.
