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Re: qtipjoe post# 13019

Monday, 09/23/2013 7:44:10 AM

Monday, September 23, 2013 7:44:10 AM

Post# of 20680
I never called the company a POS. Please show me one post where I did. I said in that past that they lost money for years, and that's fact. And now they've made 35,000. Better than a loss certainly but without potential investores knowing how that was achieved it's a questionable number until the company publishes audited financials. Asking investors to invest before they can see the financials is like asking people to buy a care before they can test drive it or get performance figures, or even have a look at it. What's the point?

What I said was that constantly pushing the notion of a large short position was mistaken as there is no evidence for that and there is evidence that there is no short position. Secondly that having only 55,000 shares in the float in no boon.

It's a disincentive for new investors as well as for investors who want to sell as there is no market. And that's clear when the bid/ask spread is 20 to 60 or something similar. What matters is the total number of shares the company has issued as that determines market cap and the size of any dividend, should there be one.

I've also said that claiming that the compay is going to grow significantly and pay dividends in the near future is pure quesswork, if not pumping the stock. So it's not the company but claims about the company posted here that's the problem.

TEVE may do very well in the future and I've always said that. We just don't know. It's in there fighting very big fish with deep pockets.

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