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Re: BearNaked post# 17185

Wednesday, 10/23/2019 2:42:52 AM

Wednesday, October 23, 2019 2:42:52 AM

Post# of 54917
BearNaaed "The PPS right now means very little to me, it'll reflect where it needs to be eventually. I'm planning to be here for 5 years, not 5 weeks." I find the above reasoning unconvincing. I think few shareholders will buy shares now if they think it will take a very long time for the purchase to be a good investment. It now looks as if management made a poor judgement when it comes to the timing of the application for a listing on NASDAQ. This caused the pps to get ahead of itself it now seems. Right now there are few buyers for shares at a price that is not much more than half the pps half a year ago. I think the failed NASDAQ listing is a major reason for the plunging pps.