Saturday, October 08, 2005 1:36:49 PM
not at all mickeymac I was simply making a point and actually agreeing with you. When I cane back from that meeting and reported what went down I never expected so much buying. The people that entered the stock at that time were traders looking for all that news talked about. some were investors but most were traders ( not what we were looking for) That wasnt in the companies plans at the time. They werent ready to roll it out and the pressure applied to them from all the traders caused problems. They obviously decided to let it settle and get out all their filings first. I will take this opportunity to get more shares
The negatives we learned from the first filings is there is more dilution then what we hoped for. Revenues this year so far are also less then anticipated. But the potential and liklihood that some very good things are happening is evident.
Other positives included very reasonable salries to management. A BOD that does not get paid , yet does all the filings, etc... for a mere 1m shares per year. The same BOD members financed this thing in a large way. They also have themselves restricted from selling into the market. A clear sign they see something big down the road and thats the payoff!
I am very impressed with the float remaining the same for a year and no signs of that changing. Investors are locked up tight for the long haul
There will be no pumping and dumping on news with a tight float like this. Even the common holding this float in great part are thinking much higher share price. It is becoming evident the company wants to run this stock honestly and legit. They obviously feel they can deliver the goods so success can be had the right way!
These things are always a gamble and the risk is always there. But I like the opportunity here.
I can only imagine if/when they lay out big news and a momo crowd comes how far this stock could run considering the way it trades
The negatives we learned from the first filings is there is more dilution then what we hoped for. Revenues this year so far are also less then anticipated. But the potential and liklihood that some very good things are happening is evident.
Other positives included very reasonable salries to management. A BOD that does not get paid , yet does all the filings, etc... for a mere 1m shares per year. The same BOD members financed this thing in a large way. They also have themselves restricted from selling into the market. A clear sign they see something big down the road and thats the payoff!
I am very impressed with the float remaining the same for a year and no signs of that changing. Investors are locked up tight for the long haul
There will be no pumping and dumping on news with a tight float like this. Even the common holding this float in great part are thinking much higher share price. It is becoming evident the company wants to run this stock honestly and legit. They obviously feel they can deliver the goods so success can be had the right way!
These things are always a gamble and the risk is always there. But I like the opportunity here.
I can only imagine if/when they lay out big news and a momo crowd comes how far this stock could run considering the way it trades
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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