Monday, April 27, 2009 12:06:57 PM
I really like the CEO and company. I just think with the financing issues for small business', the state of the economy, and the area the specialize in, it will be a LONG time until we get back to the levels where I started looking at the company (which was above .01).
Anytime there is news out, it has gone down.
This tells me that the market is unresponsive to anything the company has to say, and the buying pressure needed is just not there, and the company has to sell stock to raise capital (which I don't disparage them for). That is what they need to do.
I think by them also not getting audited financials (putting it off) realllllllllly hurt the stock.
Revenues are coming in, but are no where near all the estimates they gave.
Like I said, understandable because of the economy.
I really lock what they do, I really like the products they make, I like the CEO being responsive and an open door policy, it is just that the actually stock will just be dormant till at least the fall or until the economy turns.
So if you have extra money, worth throwing some nice change at it (however I still believe you can wait until under .0005).
My biggest fear as always in pinkie land is R/S. I have seen dozens of CEO's say it is not happening, and maybe even with good intentions, but then capital becomes and issue and they are forced too, or they get "advice" from attorney's or others, to do it.
So you always have to be preparted to lose all your investment, and you have to only invest what you can or can't lose.
This all is just my opinion and from experience with this stock and many others throughout the last 5 years.
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM