Tuesday, November 05, 2013 5:28:53 PM
Their burn rate of 100K a month will dictate this scenario unfortunately and we will wake up one day and the o/s will be in the 3-4 billion range. Neither they nor their distributors will imo ever sell enough protection software to justify a s/p higher than the range we see right now. Kay and his team just isn't good enough to do it. This may bump up from these levels to 6 or 7 but it will go back down as fast as it goes up.
Level 2 today was horrific. An endless supply of shares with not enough buyers = drop.
Kay is looking for a buyout, period. Not sure who would ever entertain buying this debt ridden clusterfudge, patents or no patents.
And make no mistake, Kay paid for that interview a week ago, and probably paid between $5k and $10K, which he doesn't have so I'm sure shares were allotted for that too.
That ALL said, in this ridiculous, unpredictable world of multi billion share sub penny companies, it also wouldn't surprise me to see this at .05 one day, lol! But not thinking it'll ever happen here. Not enough interest imo.
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