FACT: They have debt
I agree - all companies do
FACT: They have no money
I disagree - the last financial statement showed capital reserve of 14 million plus assets.
FACT: Peter has not accomplished anything from prior PR's
I agree and disagree - there is only the divvy that has not come to fruition and IMO that's just a matter of time.
PR: name change - done
PR: hydraiki merger - to be completed 6 months from April - that's October so jury is still out.
PR: divvy submission - done per FINRA AND SEC filings from VDSC and IMAG group
PR: Turkish charter - postponed IMO can't be proven or disproved at this point. So any opinions on this would be speculation.
OPINION:Share buyback, millions in profits, mergers, Dividend....
I agree with all but the divvy here.
Calling the CEO a scam artist and putting down the stock and company doesn't do anything to help the share price. IMHO if the tide was reversed and the stock price was increasing regardless of the PRs then Peter would be hailed as a great CEO and the company blasting off! There are many example of this daily. The price will increase is the shareholders want it to... Just like anything else and when the PRs do come and they are proven true, the shareholders that have bought up a good chunk of the float will be, well controlling the supply at that point.
I also agree that the A/S shares have been increased but there are no black and white facts to support the claims of O/S increase and that ANY form of dilution is happening. As you said about the mergers etc being opinion and speculation - this is as well.
