I don't care what is said over on raging bull, I beleive this reverse split was engineered to coincide with very good results in the future in the form of more sales, partners, and eventually the passing of the six sigma by Ford. With the low outstanding shares it will allow the price to rise quickly to the five dollar range and allow finacing that will not kill existing shareholders. What people are forgetting is we have a winning technology here covered by patents and in demand by a lot of large coporate customers. Iceblast is enviromentally and cost wise superior to existing technologies that don't clean or deburr anywhere near iceblast.
Short term money is a problem but Rory has spent years working a company without much cash, I figure they are forcasting profitability by 3rd quarter so cash flow must be improving daily. Just wish to state my thoughts everyone is ringing theier hands over R/S and it's delay, I thought the explanation of NASD requirement changes sounds resonable when you deal in that arena rules and paperwork can be cumbersome.
Anyway I don't know if anyone reads this but felt like putting it out. A lot of investors are being very shortsighted and don't see the long term potential of this company.
AI
