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Re: BeardOfWallSt post# 4984

Friday, 04/19/2013 8:35:46 AM

Friday, April 19, 2013 8:35:46 AM

Post# of 10719
Are you sure these prices are truly cheap? Or are they just lower than previous trading levels yet still too high in the long term? At $.02 the company still has a market cap of over $4 million... which IMO is about $3.5 million over it's actual value (if that).

They are printing shares like crazy... 145 million last December and now over 200 million.. selling tens of millions of shares at $.01 to keep cash in the till. (and that was when the stock was much higher). I expect we will begin to see stock being sold at sub penny prices.

May 15th or thereabouts will be important as that is when we will see exactly how much BLDW made (gross and net) from that LED installation they completed in February.
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