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Wednesday, August 23, 2017 10:34:49 PM
Someone made the point that they are not operating at a positive net income. Well anyone who has basic arithmetic skills could have figured out that was in the future a year ago. Cash from Ops has long since been positive.
Also, the closing price has been painted the last couple days around .004 with small trades of around 20k while most of the trades during the day went through around .0032.
Finally, regarding people questioning any future price decline, this same conversation happened a couple months back and look what happened. Again, nothing material has changed that wasn't already obvious. Don't hold your breath and play the game according.
I think the best advice I've seen on this form is align the comment about expecting the stock to move according to what benefits management (I don't have the exact post infront of me but you get the idea). A lot can be learned from this. Does management need to raise funds? No...But do they want to keep buying up the outstanding shares? Probably.
Don't dig your feet in and blindly defend your position. Look at the big picture.
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