When day traders buy stock, they don't see the months and years worth of work that goes to build the company or the companies public market. It takes on average 6 years for a public company to uplift to a national exchange, provided they ever do. This company is 14 months old on the public markers. The CEO announced her plans just a few months ago, and the listing criteria was spelled out for you numerous times, and you are able to confirm that on both the NASDAQ and NYSE-MKT websites. You know all the numbers the company has to achieve which are the minimum requirements. I said this before and I will say this again - business does not move at the speed of day trading. On hindsight, she never should have disclosed her plans to you because you use that as a sword when it doesn't happen fast enough. She should have just did it, and catch all of you by surprise....and miss out.
My timeline guesses are just that, guesses. I don't place limitations on timelines because I have realistic expectations and I have a good understanding on how long a lot of the listing requirements will take to achieve.......the right way. Its simple math that gets compared to current events to see if they are moving in the right direction - NOTHING MORE.
Just because in my opinion, all these processes will take several more weeks, doesn't mean the company is NOT doing right by shareholders. The more you say that here, the more you drive away people looking at the company. Because you don't see news, you panic. Because the company hasn't announced its bankers yet, you panic. Because the company doesn't have 200 new shareholders already buying up the float, you panic. Because you don't see the stock moving up, you claim dilution is holding it down, and panic some more. Obviously, this is becoming a brutal lesson for some, on what it means to be long in a stock.
I am sorry to tell you - THAT is a day trader, NOT LONG, mentality. I don't consider myself a day trader because my average length of holding a particular stock is 2.5 years, so I consider myself a long, so I look at a completely different set of metrics than some of you.
I am quite sure already that when the 10K comes out it will be criticized simply based on that anything the company puts out in its disclosures is always criticized. And I really hate to tell you this, but the 10K ONLY AUDITS and REVIEWS what happened LAST YEAR. It probably won't tell you what the company is planning for 2016. That should come in following disclosures, releases, etc.....
And those Tweets? Are you fucking kidding me Hokie? The company is telling you everything STARTS this week, not ends this week with big trades where you make a killing.
A lot of you sound like spoiled brats and I get it, its because you have no real experience in watching a company develop into something much bigger, and there is an expectation of instant results. There are no "magic grits" that cook on RXSF's stove faster than any stove known to man. Its a process, and quite frankly, its complaints like that on this board that caused potential new shareholders confidence to be shaken, and you wonder why there isn't more volume. Even today, this board is the best place around to find out information about the company, but if your going to whine, your hurting yourselves, and others. Period.
PPP this wasn't in response to anything you said. I meant to respond to Hokies post, not yours.
