InvestorsHub Logo
Followers 14
Posts 1280
Boards Moderated 0
Alias Born 07/22/2003

Re: tkc post# 231796

Saturday, 05/11/2013 10:07:21 PM

Saturday, May 11, 2013 10:07:21 PM

Post# of 249201
TKC here is the reality for wavoids. You have the RS vote coming up and it's a pretty sure bet to be 1:4 if the share price holds. If not, there was language in the original RS announcement that could allow them to ammend the choices. If the price holds where it is you are looking in the 1.60 and change range. Here is where it gets dicey for the shareholders and the words that spill from lips the longs love. Q2 results will be very close in proximity.

How long will this hold above a dollar if it's more of the same? In my mind they have the next 6/7 weeks to get a revenue PR out there or they are in serious trouble. Do you think the NASDAQ cuts them slack to keep listed if they fail to maintain compliance so soon after RS to get compliance after 2 letters prior to the RS? I don't think so.

They need a revenued PR before June.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.