You have some points to make (as well as the other naysayers) and that is fine, that is what an objective board should be.
However, the biggest thing of all that people like you fail to realize is the company has tremendous revenues year-over-year and it is CLEARLY in a growth phase.
If you are a shareholder that got in at .006 or .056, you should have bought it for just that growth and potential growth.
If you are a trader, than you are in either happy or not happy depending on where you entered.
Your arguments seem to come from that of a trader. There is nothing wrong with that, but you should start or end every post clearly stating that is where you are coming from.
A company goes public to raise capital through the buying and selling of shares.
The question is what do they do with the selling of shares.
It is completely obvious that it has been put into truly large marketing efforts that have been paying off, and with the launch of more products (such as Sponge Bob) and the advertising that goes along with that, an investor should be VERY HAPPY to see where there investment is going.
No one can predict what will happen with a stock. Even the Big Boards proved that, but what we do have is a fully reporting company that is no doubt showing growth.
So any short side arguments that you give are just that short-term, short-sighted in an effort to trade.
That is fine, but everyone should see it for what it is.
all the best
