Saturday, February 22, 2020 11:43:12 AM
They cant wait to raise money, when you need it you need it. they needed many millions years ago... if we sustained above .10 this entire time we would probably have double the locations and a much more sound company right now..... I have no doubt that many of the initiatives that Roger discussed over the past few years have been put on hold or completely removed from the equation because they have to decide on how and where they’re going to spend their limited capital.
Right now they are raising money at .02, where a 100 million shares brings in $2 million. If they were able to raise money at .10 it would be $10 million for the same amount of shares
This is by far the most detrimental aspect to everybody holding stock in this company right now. You better take it seriously, because 95% a penny stocks fail and it’s often because of mass dilution.
If someone has a story that’s this capable of being used to improve the price and raise money, Its stupid not to use it. Excessively stupid… if you want to see an example of how a CEO should push a stock/vision, look at Elon musk. He did everything he can to push the price to over inflated levels, so he can raise more money with less shares and benefit everybody that’s involved with the company, in every way. Other than the shorts of coarse... He has significantly reduced the chance of TSLA failing because of their finances, while Roger is increasing the chances
When a stock is moving with positive momentum, people are more eager to give you money. Allowing the stock to sit at the bottom of the chart like this not only makes it hard to attract money, it also gives funders the bargaining ability to lowball the company.
Makes no sense to be raising money this low while doing nothing to get the stock off this floor. if a Company needs to raise money to fuel expansion, they better be proactive at attracting investor interest. This is public company 101... Roger gives us minimal effort, so we experience minimal results. Simple to understand
Every long should be extremely frightened and blowing Roger up. Its much savvier to comprehend these things while everything is still able to be corrected. If this stock drops any lower, we could get obliterated with dilution, because the company is not in a position to just wait it out and not raise money, as you are suggesting. They have millions in past debts which will be converted, on top of the cash that they still need to raise
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