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Alias Born | 08/03/2015 |
Monday, July 19, 2021 1:53:46 PM
The hundreds of millions of shares issued at close to a penny up to a few cents a share have cost this stock (and Company) dearly. It's dominating the stock price dynamics currently and until it's fully digested, the revenue ramp won't make a bit of difference. Having said that, it's the primary driver, along with profitability, operating cash flow generation and ***eliminating future toxic financings***, that will slowly pull the stock up from where it is today. Each of these components is critically important to future success...focusing primarily on the revenue story is a mistake in my view. And this all needs to be under the controllership of a NASDAQ level CFO.
This is the strategy which Massey and team have hung their hats on. Let's hope they have what it takes to pull it off.
Last word from me before tonight's session with DM (or whoever will be texting on his behalf)...I certainly do not enjoy paying over **40 times** what many of the note/warrant holders have paid for their shares, but I've put my money where my mouth is and purchased over half a million shares of SIRC today so far...how about any of you? Have you been material buyers today during this continued sell off? I'd like to see some conviction out of the chest beaters on this board. No screen shots required...I take you at your words.
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My comments and implied views are provided for entertainment purposes. I am not a certified financial advisor and I am not qualified to give financial advise. Please do your own due diligence and make your own decisions.
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