I would like to share my thoughts about PSID.
The news about PSID in Yahoo Fincance are:
a) On May 31, 2016 PositiveID Adds Benedikt von Braunmuhl to its Board of Advisors is an expert and advisory in mergers and acquisitions in healthcare sector.
b) On June 2, 2016, PositiveID Corporation (the "Company") closed a Securities Purchase Agreement ("Union SPA") with Union Capital, LLC ("Union"), providing for the purchase of two Convertible Redeemable Notes in the aggregate principal amount of $624,000.
c) They also have closed before several more Securities Purchase Agreements Notes to have more cash in PSID.
My point of view for PSID share is:
1) PSID perhaps will go buy one or more companies in 2016!!!!
2) We go to have more dilution, because they increased the Authorized Shares 3,895,000,000 a/o Apr 06, 2016 and now on 05/20/16 they increase again to 9,900,000,000.
3) Shares price can go down until 0,0030 (excellent time to buy more shares),
4) When PSID buy more companies with that news the price can rocky near again near $0,04 USD.
5) I read in a news if William Caragol list PSID until end of 1ºQ 2017 in a Stock Market like Nasdaq he will receive a good bonus, but for that thing append the price of the PSID share need to go above $1 USD.
What did you think about that my PSID analysis?
