Rob69, thanks, my post 7908 may has more information that I was doing on my own for taste tests and what not. I hope to do more. BNPD provides a perfect example of how a stock can loose 70% of its value after good news! That happened just a couple months back.
Does anyone know if the restricted shares are un-restricted by now, or when the lift date is?
I work in a product development area, while totally different, there are stage-gating processes that help ensure a product has its best chance to work out. Also FMEA Failure Mode and Effects Analysis that can help. While I doubt the company has done an FMEA, it does appear they stage-gated well.
They have some steep competition. But newness is always an advantage if played correctly. If I was not busy and needed a job, I would rent a storage area and try to do distribution in our area.
I think this can easily get back to 0.03/share next year. If all goes well we migth see that this year, but I thing it would be overbought considering the no of authorized shares.
If they really do make it big, they may have to do a reverse split so they can get up to $5+ to enter the nasdaq.
I lost a lot in the pennies. CNMY was an indian media company until they ran away with the money. AFFI got a bad court decision that wiped them out. COTE has something, but they are not stage-gating properly and certainly needed an FMEA.
On the bigger boards, VIGN and ADPT have lots of cash relative to share price. AMD and MOT will eventually get back into the teens and MDR is a great long term energy infrastucture play.
Check my post 7908 if you have not, you might find it interesting. Drproteus sent me here from Yahoo.
CU later.......
Above all, love life and have a great day..........
