chdo...the more I look at this pat....
the better it looks for a holder instead of a flipper.
Warrants were paid off with shares recently @ .02 and .09
and if ya divide the market cap by the outstanding shares
you get about .023
This will result in some resistance right where we are trading
now...low .020's. I suspect the warrants paid off @.02 is
what maybe holding this back now...ya notice they had quite
the sell off yesterday but it held up nicely.
I ALMOST dumped @ .022 for a mere .002 profit...hardly worth
getting rid of the limited risk here...they have half of their
A/S left to burn...so the R/S isn't likely. I liked seeing
them trade shares for debt with their new products coming out.
That gives them capital that they will need for these lauches.
The pps WILL most likely get walked down here as it will be a few weeks before we see products and another quarter before we
we see the results of those sales in the statements, however, I think that this would be a good time to accumulate...imHo,
of course.
Still...I've put a little cash aside earmarked for adding to
this one on the dips...I think ya made a good call here dude.
catmaniac
PS...I'm still clinging to my call on TRDY...but it would help
if I had a cosco in my area and could see thier toys and books
FLYIN off the shelves. My DEEP mistrust of management's ability
to make this company, despite it's obvious potential, is wearing
on my nerves a might...their failure to do ANY promotions for
their "lead free" toys is just about as bad as losing that deal
in S.Africa...inept management is just about, if not worse than
THEIVING management...you don't put faith and hope into a theif,
but both kinds can cost you big money.
We'll see, but if they don't put up the numbers THIS year...
their 70 year old company is STILL going to be sub penny for
another few years.
Vana Catman fondles his mellons...
