Although, one of the good things about a 10-cent stock price is that it limits HLIX's power to pursue future acquisitions. It's like a built-in brake on Garvis Toler. I think Garvis is 5 steps ahead of himself. First, he was talking about Vincente Fox doing great and big things on the board when he isn't even on the board yet.
Now he's talking about partnerships and acquisitions. How about just partnerships? A rising stock price gives HLIX purchasing power. It is seductive and illusory. A falling price would require too much dilution to persuade their prey to be eaten. Hence, get the fundamentals to where they need to be first.
Partnerships sound much better to me.
Also, PHUN fell to 54 cents, a greater fall in price. A fall in revenue and a fall to a market cap of 27M. KERN has a lot of cash for now. They are making an acquisition. I'd rather watch them burn through their cash and we continue to move towards cash neutrality. A 500K improvement is hardly a dent. An improvement, yes, but not as good as the tone of voice would suggest when communicating that.
There is only one company below making money. And he's the cheapest guy in town.
NROM 6M
HLIX 11M
PHUN 27M
KERN 66M
I'd say HLIX is worth more than #3, at least a much as KERN (#4), and definitely worth less than NROM at this time. So, HLIX at 5 cents will be equal to NROM's price at 35 cents. And NROM actually took future dilution off the table whereas HLIX is talking about more acquisitions and continually going tot he market for money as they try to be cash neutral. Which is more dilution, which is closer to cash neutral, yet the need for more money, which is more dilution, which is a push towards cash neutral, which -- sounds like an 80's commercial of an egg and a frying pan.
We need to focus on what we just bought and integrate. Canalytics sounds like a great idea! Toler still haven't even talked about revenues there. I'm glad there is growth, it's a great idea. But what are people paying us for this data? I'm sure it is valuable. And I'm sure this industry is going to do good over the years. But we need to focus on partnerships only now in my not so humble opinion. And get Vicente Fox over here and let him plug us into his political network and make the lies told so far the truth.
