at .002 i would agree it was on sale. but i think there are 250 million shares outstanding? so around 1.7 million market cap currently?
given that, yes, they do have this awesome product and the patent moat created by their anti-scale chemical can protect it to some degree from encroachment, but on the other hand they have had this same awesome product for over two years and despite successful demonstrations/tests, still have no significant sales history on their books in $$ and have over a million dollars in debt (you are all aware of that right?) 2/3rds of which might vanish but also might not.
so i am disinclined to agree its on sale at this price, even though i believe it COULD rise as high as .05 cents in the next few months if the news is good, it could also limp along sideways and eventually go bankrupt and not recover.
again, i would draw your attention to allegedly (and i believe it! cause of the weather in these areas and the tulane and other independant studies) successful tests months ago on several major multi unit buyers (soraia, pepsi, dennys) despite these successful tests, there are still minimal sales and minimal revenue, so this could take a while.
while i hope yet another successful commercial test will FINALLY result in a sale of significant volume, i see more reasons to be pessimistic about that than optimstic.
reasons to be optimistic: great product, proven to work, pays off in less than two years in appropriate climates.
reasons to be pessimistic: NEVER not once has a successful commercial test lead to a major sale with major revenue documented in the quarterlys. right?
so why is everyone so optimistic this time?
i wish i agreed that .007 was a bargain, cause i could just load up, set sales prices in teirs going up from .03 to .06 and forget it, but knowing what i know, its my opinion that i should wait for .005 to come around again after another week of no news.
"Something that we should all keep in mind is that this stock is very much "ON SALE" right now, and has a long way to go to reach the level where it is equal to the negatives that we are getting from "Gnosis". Once GDGI is current with its filings and a
deal(s) is/are finalized, the equilibrium level will be raised even further."
