Redwood Scientific Technologies Inc (RSCI)

[gnosis]

they might have enough money to do fins from
asian royalties, but i think that is far from certain

i think it is possible they have about the same amount of no money as before. the fins would still contain the fabulous news, either on the books or as printed speculation, that 2.2 million in debt has been/will be erased. (and i am almost sure that is has been, but there might be some accounting and legal formalities that i dont understand). reducing their debt burden by almost 3/4s is very good.

but the rest of the fins might be same ol, which for me is not a big deal but if everyone hypes themselves into a frenzy we could see some disappointment reflected in the price, which has no reason to go down other than baseless expectations of timeframe for sales and royalties.

if they dont have money, they wont pay for the fins with belly button lint, and they might not go running around borrowing, thinking the sale is coming through very soon, very soon, very very very soon.

clearly this is not a company of clairvoyants and mind-readers, so they can neither predict the future nor know the mind of their (foreign) customers. they do have a great product and i am confident they will sell a big order and many more big orders will follow.

i am not at all confident regarding when that will happen
it could be this week but doubt that very much

my best guess is second week of july
based on someone else being certain that it would be may or june at the latest. haha. but seriously folks, one thing i have noticed is that things are happening later than expected. maybe second week of july is not late enough. but then i view "may, or ok, well maybe june" deadline as an extension of "very soon" as of january.


i am guessing the same big deal that was coming real soon in january is the big deal in question, although the most-likely-to-close may have fallen behind and another pulled ahead