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Monday, July 30, 2007 10:38:22 AM
At the same time, there are few new buyers for a few reasons: the company is still in start-up mode (no financial records, no revenue), we are a period of uncertainty with reference to the injunction, and the share price has dropped right back down from where it was a few weeks ago...brings hesitation to new investors.
However, the fundamentals are strong, in my opinion. We have a strong business plan that is being executed. We have a strong management team to lead us forward, and there is still a low float (even if you included the 504's, and they are still supposed to be returned). Once we see some revenue starting to flow (this fall), the value here will grow rapidly. I think we have a buying opportunity right now for those who can appreciate what is here.
We should hopefully be seeing some news release(s) again soon.
Lion
I am on the cheapie plan, so can't PM. Please use email: lion@ldj.net
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