just wondering where the other readers think the stock price is going in the near term, Whether or not they feel the valuation is important, whether or not they feel this is the same type of investment now that it is 99 dollars per share? Whether or not anyone is planning on buying at these levels.
Knowing very few shares are available, knowing an increase in share price will only occur when this stock becomes more fluid? Knowing pps will only increase if there are more buyers than sellers and those willing to pay such high prices?
And also looking to see why others think this is such a great investment, and what returns they now expect. Why they'd overlook a 15 year plus company that has yet to make one cent in profit, while spending over 25 million dollars??
My point: Near term-stock will plummett, company will be sold or additional shares out of authorized shares will be used as the proxy states as "currency" or a second public stock offering will be made from the 2.4 million shares available in the Authorized Stock availability. If things remain stagnant, current investors will lose the most, not enough available shares to raise the pps on the market, at these prices and seeing it is a pinksheet stock will cause potential buyers to flee as too many other stocks can be purchased for much less with a promise for more.
PEG will never be profitable and cloud PEG even less. Competition from Youtube and others will prevent any type of growth that current stockholders expect.
Let the discussion begin, I only ask that ideas and opinions be based on solid market financial theories / facts / and Telvue documents. And remember a PR means nothing without knowing financial costs/benefits behind them.
