I don't think we should fight, CN, cause we're both on the same side. We both see a huge potential in this company, we both hold a substantial amount of shares and we're both prepared to hold these for the long run.
The only difference we have, as far as I can see, is that you focus more on the stock price while I focus more on the return this company can generate.
What I mean is this: if you own 300K shares, you actually own 0.5% of this company. It means that when this company ever makes 1 million $ in profits, there is $5000 for you. If they get to 10 million in profits, there is $50,000 for you. Every year. Regardless of stock price.
That is, in my opinion, the real potential in this stock, given the cheap price at which we have been able to purchase it.
The only thing that I've been trying to say is that you can't do any DD yet in this regard as we don't have any figures yet about revenue, gross margin, marketing cost, royalty cost etc.
The one thing we can argue about, and I'm prepared to this if we ever meet and have a cool beer or some other nutritional supplement together, is about what is needed when you only want to focus on stock price and when you want this price to reach a dollar by the end of the year. In my opinion, but I have to admit I'm pretty old-school, the dollar mark is only reachable once this company is proven to be profitable, and shows it can erase its present negative net value through profits. To be valued at 60M or 80M I think this company first of all needs a positive bottom line.
We can disagree on this one, and I do respect each other opinion. For me it just doesn't matter as I don't care about the stock price. I'm focused on possible returns. Maybe I can inspire you to do the same one day (;
Can I end my attempt to be constructive with a suggestion for a question for your interview on friday with the CEO. When does he think this company will start showing profits? Not revenue, not products on the shelves, not new deals, just plain profits.
