TCA Master Fund offers very shareholder friendly senior debt financing for microcap stocks.
Couple that with what appears to be a fairly tight share structure, as well as projected revenues of $22M in 2014, and am I confident NLEF will see a minimum share price of .10-.20.
Bullseye. The fact that they could secure a $4m line of credit in the manner in which they did speaks volumes. And as far as the float, it trades like the float is 50 - 70 mil at most. Maybe much less.
Also, the last press release stated lots of distribution agreements in the pipeline. Coupled with ceo projections of $22m 2014. What if it is more like $30 mil? What if the 2015 projec is $50 mil? The reason I ask is something enabled them to get the $4 mil line of credit without stock dilution. I am betting solid sales 2013 with massive future projections