good points/rebuttal
>> 1) The extra shares (over 200 mln, up to 280 mln) were issued to finance the rapid expansion of the company <<
I have no issue with WHY it was done but the fact remains we have too many shares. Right now at .10c we have a market cap of 45mill... now perhaps we will warrant that eventually based on earnings per share, but presently we don't and that's one reason we have trouble moving much off of these levels.
Prior to this, with only 200 million shares, we would have had a market cap of 20mill. So again, part of the challenge moving forward is to clean up the corporate structure. If you spoke to ANY Wall Street investment banker, they would blanch at where we presently are.
>> 2) That is on the company's aims list.<<
Right, but here we sit and it's a year later. In all fairness I recognize some of this needs revenues to fix, but my point in mentioning it is that presently we're not making headway at resolving this issue.
>>) The new relationship with QTIG was devised to shorten the time needed to get off the pinks. <<
And it hasn't worked, nor will it imo. This was a deadend move entered into inadvisadly and with very negative effects the longer the Sybill effect remains... confusion NEVER leads to higher pps.
>> 4) Incorrect. The last time I checked there were four institutional holders. For a pink sheets stock, that's not bad. <<
Lets talk when you have real institutions in here supporting it... how about a single one of the Boston Mutual Fund giants? A major retail brokerage? Given our current position, they wouldn't touch this with a 10 light year pole.
>> 5) OK, what are you suggesting -- a vigilante group to go out and eliminate them? <<
LOL! Can I vote for that?? Seriously though, I simply mentioned it as one of the "issues" that revolves around and helps dictate the low pps we presently suffer with. Fix the rest of the crap on my list and they magically go away... the NAKED SHORTING anyway.
>> You also seem to be forgetting that, SO FAR... <<
I give them plenty of kudos for pulling off a real David vs Goliath type victory (to date) but this rah rah doesn't change the .09 cent price, only an adherence to the strict Wall Street rules.
As far as MSVN goes, they are doing a wonderful job increasing revenues and supply real pps value to shareholders... they don't have to do badly for SCMI to do well and no, I don't own any MVSN stock and never have.
Thanks for your comments, I don't think we're really on different pages for the most part, I'm just concerned with how the ending comes together in this story.
AI
