Saturday, December 03, 2016 11:18:29 AM
Personally, I am not thinking of this as when the music stops and last one standing is the bag holder. I did a little DD and I think this ticker has great potential. Bear in mind the low share structure and the OTCQB status which they need to trade above .01 to keep! Also look at the chart and see where this ticker used to be trading before the toxic notes which are now done! If you add up the trade value just for Oct and Nov it's $4.5 million. So it's no small potatoes and not like this is a dead ticker we are talking about. Plus if you are forward looking you will see that a $5 million line of credit would give them access to much larger projects that they have to initially fund and then wait for payment 30-90 days after completion. Just look at the latest project that is scheduled to be completed by the end of the month for $1.2 million. They had to fund that to do the job if I understand correctly. Also are you taking into account that much less shares will be needed to convert $250K note if pps is over a penny or even .03 or .10?
I think trading a solar company is good karma vs buying stock in a company that is trashing our planet! I see much upside and little downside here IMHO!
Cheers!
My posts are merely my opinions, sentiments, and speculations meant for chat with other traders who understand the risks of trading. I am NOT an expert or psychic. Treat my posts as entertainment NOT as advise. Trade at your own risk.
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