"You have offered up this same prediction for well over a month."
no...that was a prediction from your ceo...HE is the one who brought up the r/s and up list...HE is the one who stated an up list needs to be done..HE is the one who wants to do it...at 1/40 if he has too..shareholders just voted to allow the r/s...
what more proof do you need?...ok...everyone thinks ben is a good guy...HE said the r/s is far more likely to happen than not...
here is what kim stated..."Our immediate plan to to shoot for the up-list."
IMMEDIATE plan...why?....."Now that we need to ramp up production, thin financing will not allow us to ramp up quickly enough to meet our targets or to satisfy the potential customers that we are talking with."
how does one think kim is going to do that?...by getting the pps up to 6 bucks organically by thanksgiving?...that is NEVER going to happen...
the reason for the up list is he needs MONEY...he needs it to ramp up QUICKLY..
kim has a small window to get thru, moving parts all have to come together at just the right time in order to make that up list happen..which is why he added this..."There is no guarantee that we will make the up-list."
the up list aint gonna happen in the fall...and kim already knows it..
but you can bet the r/s will...with no up list and still having an urgent need for money...with only 22 mil shares o/s and a 9 dollar pps, what in the world does one think kim will do?...hmmmm?...
DILUTION....and heres a clue...that's been the real plan all along..all the other stuff were just carrots to string investors along..
I had hoped that the warrants were a good start at financing...but every day that goes by without an explanation makes it look less and less like financing...
I don't trust kim...never have...but what hes doing is just what every ceo does...they simply don't always tell you the truth...that's just how it is...how many times has one seen ceo's swearing that their company is on good footing and everything is just fine...and then hours later, bankruptcy is announced?...
the only question I have is, will kim dilute BEFORE he reverse splits or will he do it AFTER....
im betting kim is going to do what he can to raise the pps before he does the r/s...
I think he KNOWS he can raise the pps before a r/s...I think hes uncertain how much he can raise the pps after its dropped on r/s news...
plus, I guess, he may as well take a shot at raising the pps organically...its one hell of a long shot...but at least he can claim to shareholders that he gave it a try...
im sure many will applaud his "valiant" effort..
AI
