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Re: GIBBER post# 98574

Wednesday, 03/18/2009 10:42:36 AM

Wednesday, March 18, 2009 10:42:36 AM

Post# of 192568
I would agree for a company that needs the market cap BUT here is the flaw for that reasoning for EESO. A company is taken public for one reason only--to gain the capital in order to finance it's business plan..period. Stock is issued for that purpose and the company's market capitalization is based on share structure (OS, AS blah blah) and share pps. Market cap is only important for ONE reason in my opinion--TO SECURE FURTHER FINANCING--to borrow against the fluctuating market's belief of value.

IMO they will have CASH on hand from current operations/sales to FUND THEIR OWN CURRENT AND FUTURE OPERATIONS. SO...they don't NEED the market cap to leverage(borrow,finance) against. Jared and crew do want to take care of their shareholders and be transparent though as evidenced by their unprecedented actions... The company doesn't NEED a strong pps in order to be successful...AS EVIDENCED BY THEIR SECURING MAJOR DEALS LAST FALL WHILE THE PPS totally sucked.. Incorrect connection with company health(value) versus share pps.

DD22