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Re: db7 post# 79

Wednesday, 10/16/2013 5:59:28 PM

Wednesday, October 16, 2013 5:59:28 PM

Post# of 1158
OT: Hate the games they play with us on these low float ones. Have you ever complained on ZPCM, that's the worst one I've ever seen?

On the Bronson one, it is stacked with cash, but on pure cash I believe it is in the neighborhood of $.87 they were recently reimbursed $394,848.42 by Q___ which they now control for expenses related to the takeover, putting them in the $6.5 million cash range. However if you then add in the investment in Q___ at last report we are looking at around another $3,000,000, then you are looking in the range you are talking about. And then if you add in what he already said he would do if he took Q___ over (i.e do a cash disbursement to current shareholders) there is the potential of millions more flowing in. I can only see cash levels increasing in the short-term unless they make an acquisition (very possible).

Long-term I don't see how it goes down a ton, but as a penny with very few people yet following, things can still fluctuate. What I particularly like is Bronson's pedigree. I like what he is doing across the board, over the last three years getting his hands into a number of different projects, and pushing management with the goal of increasing shareholder value. I think he would be unlikely to hurt shareholders at his own company, goes against his MO.

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