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Re: imiloa post# 110278

Thursday, 12/28/2023 3:16:40 PM

Thursday, December 28, 2023 3:16:40 PM

Post# of 111466
You bring up all valid concerns, no doubt about that. My stance is that the positives here with what I believe I see will outweigh those issues. Either he raises the capital or the market absorbs the hit and keeps on trucking.The a/s I believe is for long term flexibility. I'm not sure, obviously all of these concerns are why the market cap is priced where it is. My belief is the float is accumulated by a relatively small number of hands at this point. By whom? No clue, but that's what I believe the chart is implying. Smart money simply has a way of accumulating a float over a long period of time when the rest of the market is ignoring it. I believe that's what has been happening here slowly but surely over the years. Now that the float is relatively locked down, all it has to do is break .001 and then .002 for the big squeeze, or .05 and then .10 post split.

Simply put, I like some things I see here very much and I like that there's so much risk priced in at this point.
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