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Re: Horsin around post# 2894

Thursday, 04/20/2023 1:01:34 PM

Thursday, April 20, 2023 1:01:34 PM

Post# of 3695
It took a month for the amended S-1 to be filed after the 10K a year ago so if there is a new financing plan it may take a while for it to be nailed down and PR'ed/filed with the SEC.

I'm skeptical too and would be pissed off at the lack of progress if I had a significant position in the stock but if you plan to stay in all you can do is wait and see.

If there is some new catalyst beyond a financing plan like Flash may be implying, it needs to be on a level of excitement far beyond the Ernie Els announcement to really juice the share price. I agree that the tweet by the architectural firm was intriguing, or at least interesting that they are still on the job after a couple of years, but Marc will need the money to pay them.

The positive is that with the new Board member and with HC Wainwright as an underwriter Marc has a good team behind him but the increased debt has probably complicated the uplisting process.