![](https://investorshub.advfn.com/uicon/564105.png?cb=1547105359)
Wednesday, August 08, 2018 9:15:16 AM
The now famous Phil at Northland seemed to have more to do with the results than Mr. McNally. The latter (Mr. M) led the uplist to get us into institutional investment potential, which by all right should have been around $5/share while our share price hovered around $6 or so. Northland and Bloom Burton never seemed to get their act together to figure out how to do this offering for a stock traded on two different countries' exchanges. Meanwhile Phil, whether due to a competence issue or outright corruption, was obviously a bit more loose-lipped than was his place, and given we have now just suffered a month of trading where more days than not, 80 to 90% of the trades were shorts and the price got hammered (for you conspiracy theorists out there thinking ISRG is buying us up with the huge volume, you might be failing to consider these shorts percentages. For the other conspiracy theory, keep an eye on Phil's LinkedIn and Facebook buddies to see if any of them retire before Christmas.) Titan's only option other than proceeding as they did might have been to cancel the offering, at risk of souring the relationships with the institutional investment community, and turning down $16M to $20M of cash which the company WILL need. If they didn't take the money now, it might never be offered again.
I'm still in for the long haul. I expect the frustration to continue for another year, maybe more. I don't know what type of news or PRs they could possibly release to drive PPS in the short term. Hugely frustrating because we know what we have in the technology and if it takes getting approval and selling units before we can escape the current price manipulation, I'll still be here waiting for it.
Don't get me wrong, I am absolutely pissed about the level of dilution. I first got in with OS of about 120M shares if I recall correctly. With dilution, BigT's 36M OS estimate equals almost 1.1B pre-split shares. For a while I held around 0.14% of the OS; now after more than doubling that position (almost triple) I'll hold less than a third of that as a % of OS. I will have been diluted by a factor of ten by the time these warrants get executed. It won't buy me an island, but it should still tip the scales for an early and very happy retirement. It will have to do, and I am okay with it. Not nearly as okay as I would have been without the dilution, but I still think the tech will make this investment ultimately worthwhile.
Your hands are not completely tied; you can sell and take the loss on taxes and be done with the whole thing. Otherwise, I'm not going to post the serenity prayer here, but it just might help a few of you to read it somewhere.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM