Sequiam Biometrics (fka SQUM)

[AEROX]

Whoa.. Why get so defensive? I am merely trying to perform some due diligence here. I seem to remember that Mr. loanstew was making an analogy between a company with a blowout quarter and how it could trade 10-20% down and what is going on here. That is what I was referring to.

Some of this information may have been covered numerous times here but I am new to this board. I believe the o/s is approx 93 million shares and that is up from approx 80 million at the beginning of the year. And there are approximately 65 million warrants that are exerciseable immediately at one penny by the owner. These warrants are well into the money and could be exercised at any time. Does that not concern you? If not, than that is most certainly your perogative.

I see that sales are increasing however after looking at the 10Q it does appear that the company is not able to generate sufficient margins to cover their costs. And won't be for quite some time unless drastic changes are made. I doubt that the margins will change, which leaves us with Operations Expense and SG&A. And the current Management group has shown no signs of being able to control these costs at all.

I do have an interest in Biometric technology, however I'm not sure this is the best opportunity to explore as an investment. A friend of mine referred me to this company which is why I am here. I appreciate your patience.