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Sunday, August 06, 2006 7:28:28 PM
So what type of PR needs to come out to garner belief that the info is correct and true. Is there a baseline piece of news that will magnify or lend credence to subsequent Information Releases? The answer of course is Yes!..
1. The company has to 10K in order to level set the books. Establish SOX and provide "Street Cred"...Until this part happens I am afraid every PR about sales, revenue and profits will be discounted somewhat...If they PR something about Audited books they would have to provide a timetable or it is just words...however, providing a timetable is a bad idea because companies set themselves up for failure when things go wrong. Best don't say anything until the 10K is releasable...JMHO
2. After the 10K then they can talk uplisting to the OTCBB. Talk of going directly to the NASDAQ SM/NM is pretty much hype BS. It is price dependant and no one can control the price but the market. If the company could this would still be going up. They can control the OTCBB listing and be SOX compliant to begin the cred process...
3. A stock dividend (cash) not some POS shares of something no one will ever trade...I think it is too early for this but they did open the door in a "LFWK" PR...This one will move the market even w/o a 10K
4. A share buyback...Well this one is o.k but I don't think it is prudent to buyback shares until a company is stable and making very good money. In fact this one can't be verified w/o getting the books done. But it will appease the penny mentality players somewhat until they begin moaning about something else...
5. They can continue to PR deals but w/o the 10K I don't expect much price movement. Last week is enough indication to me that it is not enough to halt sellers. But if it is true I hope they continue to release the info...Sooner or later it will be reflected in the PPS...
Just my rambling after a few beers...
TFN
1. The company has to 10K in order to level set the books. Establish SOX and provide "Street Cred"...Until this part happens I am afraid every PR about sales, revenue and profits will be discounted somewhat...If they PR something about Audited books they would have to provide a timetable or it is just words...however, providing a timetable is a bad idea because companies set themselves up for failure when things go wrong. Best don't say anything until the 10K is releasable...JMHO
2. After the 10K then they can talk uplisting to the OTCBB. Talk of going directly to the NASDAQ SM/NM is pretty much hype BS. It is price dependant and no one can control the price but the market. If the company could this would still be going up. They can control the OTCBB listing and be SOX compliant to begin the cred process...
3. A stock dividend (cash) not some POS shares of something no one will ever trade...I think it is too early for this but they did open the door in a "LFWK" PR...This one will move the market even w/o a 10K
4. A share buyback...Well this one is o.k but I don't think it is prudent to buyback shares until a company is stable and making very good money. In fact this one can't be verified w/o getting the books done. But it will appease the penny mentality players somewhat until they begin moaning about something else...
5. They can continue to PR deals but w/o the 10K I don't expect much price movement. Last week is enough indication to me that it is not enough to halt sellers. But if it is true I hope they continue to release the info...Sooner or later it will be reflected in the PPS...
Just my rambling after a few beers...
TFN
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