InvestorsHub Logo
Followers 8
Posts 256
Boards Moderated 0
Alias Born 02/02/2010

Re: gimmegimme post# 28312

Tuesday, 07/13/2010 10:35:25 AM

Tuesday, July 13, 2010 10:35:25 AM

Post# of 42706
...Fair enough. The inconsistency we've witnessed from Cape since September is undeniable and discouraging. But I guess we're looking at it from different perspectives.

They have obviously had difficulties with their noteholders, and I believe that to be the source of delay... as opposed to an intentional delay (or empty promises). Toms doesn't strike me as the type who enjoys to be made a fool of; I fully expect that the audited financials were completed many months ago, but could not be released without causing the resulting share price gain from costing DNPI orders-of-magnitude more money to buy back the converted shares. The bottle-neck here is the finalization of convertibles... in my opinion.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.