Good evening,
This will be my last post on this thread..Oh! I'm still an investor.
Ok,I hear much how the CEO and the company really isn't transparent..In most cases I agree.This isn't nothing new on the pinks..
Lets take this scenario..There has been much talk about the gag order on the T/A..Now on the surface this may sound or mean that this is not up-n-up..However,it could mean that the company wishes not to openly on a daily bases expose the numbers.
For example..Lets assume that the company is really making a consorted effort to go to a higher exchange and we all agree that the business model is quite impressive..The licensee which in itself commands respect..You just don't get these endorsements if you can't prove substance and quality..
Ok, on the T/A gag..It may mean that the company wishes to keep the share structure in not so public knowledge,not to keep us shareholders out of the loop,but to assure that a possible hostile takeover isn't coming through the back door..Yes, the company can raise share structure by creating a poison pill scenario,but because they have the desire and as released in a previous prs,wanting to go to a higher exchange..This in itself would make the current share structure equally attractive to institutional investors that require liquidity...In other words,the company by just the current share structure is perfectly setup for a higher exchange..The only issue now is share price that must meet requirements and number of shareholders,which the latter probably wouldn't be a problem.
We know that they have licenses from MLB and the Vatican and the Kennel Club..When a company gets the licensees and endorsements from major well known enterprises is a calling card and presents the initial marketing of the brand and in ETIM cases opens the door for other endorsements..A very powerful tool to have current endorsements in your lineup.
Now my guess and in my opinion,the door has been open and the company probably has been in contact with other major potential national brands to acquire their endorsements and guarantee the licensee for their product.
In my thinking,the MLB isn't enough,but allows the company to tout the MLB licensees and others they already have as a very powerful marketing tool..
Now I bring up Mr. Parliament..I believe this individual who came from a major fortune 500 company (FORD) to conduct an audit and get ETIM to a higher exchange all within the projected potential of getting institutions to come on board..Institutions will not touch a penny or a company generally under 3-5 dollar share price because of their charter.
I think there are reasons why things appear the way they are,but I'm guessing it is for a greater cause than what is being spewed on this forum...I'm in the camp that the company was fortunate enough to get the 3 endorsements,but needed to comply and move further up the exchange ladder to really make an impression and get the licensees and endorsement that require from a more prominent corporation for such an endorsement..
The endorsements that the company currently has only is a prerequisite to bigger and major endorsements to come..I can't believe this is it..
That's my take and wish you all a great Holiday Season.
Have a good day
Varok
