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usma1992

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usma1992

Re: None

Friday, 11/30/2018 11:33:31 AM

Friday, November 30, 2018 11:33:31 AM

Post# of 15710
Bought some more today...

my thoughts are the following. Dilution is better than the reverse split. It provides them with money to sustain. The truth is their cash burn is almost nothing.

Their staff is at a minimum and their expenses are also. The deal with Indonesia probably funded them at least two months. May not seem like much but they have been plugging the damn for a while.

I believe the quick dilution punished this stock way past the point of fair valuation. The dilution happened quickly because I believe we will hear about funding before the end of the year.

I have been far more wrong than right on this company. But, I more again today. LOL

Dave
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