Foamulator...
Re raging bull, I wish you would contact them about your issue because it would be great to have you on board.
1) I don't know where you're getting that from
2) I agree it is strange...it seems like they are referring to otc.
3) Good point
4) Yup
5) What it probably means is that they will sell some more common. They haven't done any preferred so I doubt they'll go that route. If they can manage to raise $4 mil via a stock sale we can instantly list on the AMEX. The other route is to get to $3. It makes me nervous too and I hate offerings, but this co needs to stop the b.s of raising 100k here and 50k there and actually do a proper financing.
My theory is that they have a PIPE deal in the making and the overhead supply which was paralyzed the stock is just the financiers shorting into the deal.
6) Tell me about it. These guys have dropped the ball with that.
DISCLAIMER: NEVER ASSUME INFO ON MESSAGE BOARDS TO BE ACCURATE. ALWAYS DO YOUR OWN DUE DILIGENCE. DON'T BUY STOCK BASED ON THIS POST OR ANY OTHER POST. I OWN A LONG POSITION IN THIS STOCK AND THEREFORE I AM BIASED.
