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Re: zenvesting post# 395

Wednesday, 02/13/2013 1:46:04 PM

Wednesday, February 13, 2013 1:46:04 PM

Post# of 1351

Thanks, I'm waiting for a call back now. I share your thoughts about the nature of this - I usually don't invest in companies losing money and in need of financing to fund operations.

If we're at 8MM shares now this is a company with a 3 million dollar market cap. The risk / reward profile here is too aysymetric. A 10 MM market cap would give us a 3 bagger.

I suppose things will work themselves out this year. If the company can get through the next six or nine months and get some revenue growth and reach the point where it's not needing financing so badly, I think people will accept the company and bid the price up accordingly.

The risk is that the company needs more financing and cannot get it at reasonable cost. With Frost and any other large investors who may have recently become involved I think the company will be able to get financing.
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