Really? Didn't the Tweet say the company was welcoming the bankers this week? (meaning last week) Here it is again:
$RXSF time to welcome our new NYSE Investment Banker this week. Incredible 100 year history. Blue chip and serious about RXSF.
How do YOU know they didn't? Just because they haven't revealed who it is yet? That doesn't make it a lie. The ones who demanded to know by a certain date are the ones who have another agenda and whom have taken over this board....like selling or scaring holders to sell lower. Can't anyone read PLAIN WORDS anymore, instead of looking for hidden meaning? The whole "timeline" crap was developed by posters, not the company. The company didn't say it was telling shareholders who the banker is this week, and you can't even imply that with any degree of reasonableness.....it said it is welcoming the banker. Shame on those who intentionally misinterpreted that. To me, that means the deal securing the banker was completed by the company. They will let us know when they are required to, like in the Q. And those of you who think the banker is going to "buy" stock in the market when this company is still on the OTC, I would pack it up and leave, and yes, this is a PRE-EMPT to those who will claim securing the banker means nothing because the PPS didn't move. This may be a reason why some don't invest in NASDAQ companies and rather play in the OTC cesspool.
If this is a real Wall Street banker, I am SURE, they don't want their name plastered all over the place so a few day traders on the OTC can trade on their name. Thats why I am pretty sure we don't know who it is yet. And don't expect them to bring in their Wall Street broker buddies to buy either, because they don't do that in OTC stocks. Tried telling you this in the past.
I see the purpose of this banker is to help carry this company off the OTC and onto a national exchange, and not just via funding. I am sure it took as long as it did, because real bankers turn everything inside out, analyze everything, and verify everything before undertaking anything. I am sure they checked their IP, contracts, distributors, products, verified the markets, management and all of their prior decisions. Thats called reputation and real DD. Then again there will be a few here who will think that they are smarter than a 100 year old Wall Street banking firm. GLWT.
