For those who wonder why I have been watching for a low entry point, I called the CEO a few weeks ago. He was enjoyable to talk to and very straightforward. The conversation was a delight. The whole conversation went well and was positive until I asked whether the company planned to dilute in the near future to acquire enough cash to "ramp up" for additional manufacturing of product. For the first time the phone got real quiet. His answer was fair and honest and included dilution. I am trying to provide realistic expectations on the board: There WILL be dilution, and soon. The company NEEDS to sell many shares in order to afford the manufacturing cost associated with the China deal. All that said, don't be surprised if sometime in late January we get news the China deal is signed and then millions of shares flood the market (dilution) from out of nowhere and the price rises very little, if at all.
SCRC is likely not a short-term play, but a long-term play (12-18 months), and only if the China deal is signed. I still have my reservations about it being signed (it is very possible it won't be signed); any delays will cut the share price in half from today's levels. I am not bashing, but realize many on this board who have been pumping (and there are plenty of pumpers here) will call me a basher. Truth be told, take an honest look at the current market cap...quite high for a company which can only keep it's doors open by selling shares (dilution). The reality is this: SCRC has a LONG way to go before it can even justify it's current market cap, and the most recent pump and dump of 5 months ago will prevent many savvy investors from investing here. If you're here to ride another pump and dump, good luck. You missed out.
GLTA
