Wednesday, February 09, 2022 10:50:08 AM
so, the company is operating and there really isn’t an exact “lack of” action by the company other than a “lack of”communication….
The question is “why” - Why does the company not communicate its progress with investors? Is it because the company used to have a much higher M/C so they don’t deem deals worth less than $1M “material”? Is it because, as Mr. Z famously said, “we are not stock promoters” and they misunderstand their duty to investors to disclose material events?
Or is it truly more purposeful?…
I think the grant from DOE last year is telling - $200,000 grant (free money) and what about the CARES Act “loan” (more free money) they received in 2020? These add up to a considerable amount if you look at it under then lens of the M/C of the company at the time…but never any PR announcements…
All in the filings….eventually…but not announced at the time…but after 6 months after the stock had fallen back to .01, they tout the DOE deal at the annual meeting…
Strange behavior…
there has to be a rhyme and reason to it…
I find the institutional ownership in this company very interesting- for a company with massive debt and no news - like ever - it is really interesting how much ownership institutions have here - IBS (like the “The IBS Turnaround Fund”) and Kingdon holding 40M shares combined - much of these shares purchased when the stock languishes under .01 from time to time…
I believe management is well aware of this and cares more about what is in their best interests than putting out small-fry PRs to prop up the stock a couple of cents if they don’t have to…they want the stock to be cheap until they have something truly major…that is the only thing that makes sense.
Following the charts is like driving a car forward while looking in the rear view mirror.
Recent AMNL News
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 03/11/2024 08:38:45 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/06/2024 10:04:24 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/05/2024 10:00:58 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM