Followers | 87 |
Posts | 5622 |
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Alias Born | 07/06/2014 |
Thursday, August 16, 2018 6:00:38 PM
I felt the Conf call went very well, he carried himself well along with his associates, he answered a lot of Qs and stressed the ones that he gets the most often.
The update on MTIX was fine, 1 machine delivered and the other three are in process. The filings for AVLP (behind by 9) should be out soon, it has clearly taken much much longer than any of us have expected due to some complications but didnt elaborate.
The Anteater is coming out in September
Crypto was a disappointment with regards to low price, Todd does NOT control the price of Crypto, only how they react to that price, and their plan is fine.
Very excited about their lending business.
Expect Todd to be a heavy buyer after Monday at 70 cents/share, and according to the past filings he has the potential to buy another $3.75 million to reach the $5 million limit. As well he will likely buy some shares I expect on the open market, while the rest of us are paying 40 cents, talk about a steal for us and a ripoff for him. But, when the stock does appreciate and he has all those matching warrants at 70 cents, he'll be the one laughing but right now he is deeply under water.
Very little conversion via the ATM under 60 cents and an average at 90 cents, can't complain about that given where the price is now.
I'm as excited about the business as ever, especially given the current price.
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