It was about 10 am, the door was unlocked for the first time in my half dozen visits there. Usually I have to press a button and wait for someone to open it.
They currently have 4 people working. I saw the CFO and one other person. Chris was out.
The mood of the conversation was friendly, like he was glad to see an investor showing interest. I didn't feel handled, he was very accommodating. I detected optimism, as I did in my February visit. (Just my take.) The meeting only lasted about 10 minutes. Usually I get invited to sit down with someone at their desk. This time we just stood and talked (he seemed busy). He did offer me a tour of the lab, but I'd seen it long ago when they were actually testing, so I declined.
When I asked him who the defense contractor was, He just smiled and said that's not public information. It was a quick response, and one I anticipated. Having been there before I know they can't tell me anything that has not been publicly disclosed.
I have been in this stock long enough to be down alot. But a couple of months ago I decided to purchase enough at about a penny a share to bring my break even point to 17 cents. It cost me less than 10% of my original investment, and now I actually have hope, instead of being bummed about how much I've lost. Smart move? I don't know, but I like the state of mind I'm in now.
Like I said, I detected optimism and I'm hoping for things to happen. But I've been fooled before.
GLTA
AI
