Coda Octopus Group Inc (CODA)

[multivalue]

Thanks Gil.

1st question, who exactly are 'her' "friends and family"?

I agree the lack or news regarding the Navy/NASA is disconcerting.

However, the stock price has maintained "good" value imho for the last 9 months *without* much news?

FWIW - I have found Ann Marie Gayle to be an asset more than a liability as far as Coda Octopus Group goes as well as straight forward and honest. In the past she has replied promptly to my emails sent directly to her.

My bigger concern with the filing today is:

We may issue additional shares of our Common Stock in the future, which could cause significant dilution to all stockholders.

We are authorized to issue 150,000,000 shares, par value $0.001 per share of common stock (the “Common Stock”) and 5,000,000 shares of preferred stock. As of January 21, 2020, there were 10,721,881 shares of Common Stock issued and outstanding. No series of preferred stock are currently designated. We may issue additional shares of Common Stock in the future in connection with a financing, acquisition, upon exercise of outstanding options, or in connection with the grant of restricted stock units. Any issuance of additional shares of our Common Stock, or equity securities convertible into our Common Stock, including, but not limited to, preferred stock, warrants, and options, will dilute the percentage ownership interest of all stockholders, may dilute the book value per share of our Common Stock, and may negatively impact the market price of our Common Stock.

Something is brewing me thinks, I'm guessing some dilution is forthcoming and the price will drop back to $6.00 give or take. Just my opinion.

Thanks!