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Re: Optimistic Trader post# 16973

Friday, 12/13/2013 1:52:03 AM

Friday, December 13, 2013 1:52:03 AM

Post# of 235101
No T-trade at end of day which is usually a sign of dilution, if a R/S happens their market capital will be the same (currently at $800K which is close to their total revenue per year). I think their total revenue (despite the allege contract breach by WhiteSky which cost them $1.2M in revenue in 2013 & 2014) will be close to the $105K per month cash expenditure, if this is the case I think they did reasonable well given the situation and less dilution will occur in the future, but time will tell. Honestly what is the different from buying at .0003 or .0005 in a penny stock????