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Post# of 8766
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satelliteguy

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satelliteguy

Re: Nadendla post# 1197

Saturday, 03/17/2012 11:23:57 AM

Saturday, March 17, 2012 11:23:57 AM

Post# of 8766
Yeah, I've been posting here since October 2009. I've followed the company for many years and consider the CEO a friend, although at time I've been frustrated by his missteps and stubbornness.

What you saw on Level II was just real live people selling after more than a double in the stock price. Also, the company paid some consultants in stock, which created an overhang. Near term, the company is basically a shell after divesting their operating subsidiary and now moving toward acquiring a start-up. Long term, they'll have some bright people working on cutting-edge stuff so they have a chance to do well.

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