Thursday, March 08, 2007 9:22:53 AM
There are plenty of bashers on this board so they can tell you all of the negative crap they believe will keep this stock down..
However..
IMO, this could be the play of the year.
A little over a year ago this company started out in Canada and accomplished what no other channel ever did - complete coverage all over Canada and went on to become the #1 specialty channel in the country.
That was their goal. Then they set goals to expand around the globe and to cover the US this year.
Well, they just announced coverage of 20 million homes in the US and they set up shop for TFN SA so they have a presence in South America.
The reason they price hasn't moved is the 13.4 billion shares outstanding. It has moved.. Two weeks ago we were at .0002-.0003.
The main run will come the day a major carrier is announced... That will show investors that this company is here to stay and is a player in the market. Contracts like those take time and aren't easy to nail down.
However, CEO Mike Garrow says these contracts are in the works and will happen so we sit and wait.
There is some debate on the reasoning why the CFO gave out free preferred dividends and the decided to recall them and charge us for them and what their being issued will do to the o/s and think this divvy and the debacle surrounding it is why the pps won't move. This divvy will be cleared up by the end of April and then these people will have nothing left to bitch about. However, I am sure they will find something!
Regardless, you can bet the minute a Major US carrier is announced you will never see .0005 again.
Good luck to you and welcome aboard.
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