DMcD5= about the float - Page 1 of the 10-K
As of November 5, 2009, the number of shares of Common Stock held by non-affiliates was approximately 24,600,000 shares with a market value of $3,198,000 based upon a last sale for our Common Stock of $.13 as of the closed of business on November 5, 2009.
As of November 10, 2009, the issuer had 73,725,167 shares of common stock, $0.001 par value per share outstanding.
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Aren't the Non-affiliates the float? So, under 25 million float. If the word ever gets out, that is not a lot of shares to go around. If your name is not somewhere in the 10-k, you would be a non-affiliate.
To me, the 10-K is very good news, now that I have read it through. We don't have a lot of expenses and a million here or there is not going to break us. The 10-K shows we will not have a lot of infrastructure costs - but will have developmental and research costs. Point is money is manageable.
I am confident that if we are building a plant in Saudi Arabia as reported, then there is money and a contract there.
That gives Squires ammunition to get everything else done.
The 10-k shows that we are targeting large clients and plan to sell high quantities at comparitively low prices that will still be high profit to us. Squires is predicting production in Q1 which I don't know if he means Jan-Mar or July-Sept. Either way, the 10-k spells out that we have the competitive edge in multiple areas so when we do ramp up production, we will have a huge advantage. If it is a question of how long till we get there, I can wait. I am in, as close as to the creation as anyone can get and will ride this awakening dragon for a long time. I don't care about rumors, everything is unfolding in its own time. I wasn't a millionaire yesterday, and if I have to wait till tomorrow, so to speak, that is ok.
It still looks to me that Hague will be able to produce high income from direct sales of quantum dots to display and medical equipment manufacturers. Based on what I read of current quantum dot sales in the industry at high prices, when we ramp up mass production of Kilograms we could have a cash flow of $1 million per week within a years time. I wrote about this estimate around the time the Access2flow deal was announced. In forward years, we would be looking at multiples of that depending on how much we can produce. Producing quantum dots will be like printing money.
If anyone can find a penny stock with this much potential I would be damn surprised. I look at this like getting into Microsoft when it was under a buck. Gotta have my brewski!
