InvestorsHub Logo
Followers 86
Posts 25803
Boards Moderated 0
Alias Born 09/15/2003

Re: INVESTOR 1384 post# 7389

Wednesday, 07/05/2017 2:33:50 PM

Wednesday, July 05, 2017 2:33:50 PM

Post# of 12668
You are correct about the major potential. That is obvious. The problem is the financials at the moment, and a recent reverse split which must of stained the investor trust platform even more. Now the company is only $0.21 from another delisting notice, as the share price keeps folding backwards.

Recently the company has actually taken meaningful steps in rolling in the cash burn ratio which was enormously out of line. I am assuming the next 6 months of financials will tell how effective those financial cutbacks have been. If effective then I just might give these shares another chance.

I do not want to mislead anyone in giving reassurances going forward. I like this company, but it does not mean it is a good investment because I like it. Financially this company is way behind itself from showing some profit on the books.

Wait and see is my best offer for the moment. I also do not own shares for the moment.

My best and good luck investing.

1/2 cent Vancouver penny mooching pirates!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.