I dare say that any potential customer who was reluctant to do business with us because our stock price was 8 cents would be even more reluctant because of unaudited financials and pink sheet status. The only reason for hesitation on either count is whether we will be around to service our products, and sound audited financials would, imo, be the most critical test for me, as a person who actually purchases large dollar materials and systems for corportations.
As a speculative investor, which most of us probably are given the pink sheet status of the company, I strongly feel that the likelyhood of getting a multibagger return here is much better at 8 cents than at 8 dollars. I can easily see this stock going to 50 cents or even a dollar on the GM deal alone. I cannot envision the stock going from $8 to $50 no matter what happens. Penny players will run this up, but the RS will eliminate the vast majority of penny players from even looking at the company, and the pink sheet status will be a brick wall for most of the non-penny players.
I am in this stock for a 5x to 10x return, not for a long term 10% yield. The RS would run off the penny players without being able to replace them with big board investors due to the listing. Thus, the stock price will fall dramatically, no matter the good intentions, integrity, etc of Ferris, et al. I really like the company, their products, and the recent results and expect them to be very successful. But I, as a stockholder, will lose the leverage of my penny play if the RS is approved and will be forced to take my marbles elsewhere.
Magic
Opportunities always look bigger going than coming!
