InvestorsHub Logo

Optimistic12

06/22/14 9:25 AM

#22767 RE: QuietTim #22766

Well said! This exactly what I think is going to happen. Ultimately will succeed, disaster for existing shareholders. My opinion.

iamthe walrus

06/22/14 3:09 PM

#22774 RE: QuietTim #22766

Shareholders have hope that the image space materials Schott has already been working on and continues to work on even before funding comes in ,according to what was said at the meeting, will be found at any time this year.There is not a 12 month or 24 month timeline to come up with the right image space materials,the right formula could be found at any time.There not sitting on thier hands doing nothing as you seem to be saying.You just dont believe they will find the right glass formula this year and you probably dont believe they will get the 1 million in funding for this year, that was spoken of at the meeting.I believe they could very well get both the formula for the glass and the 1 million this year.The new rules for needing the stock to stay above a penny at least 1 day a month doesnt even get fully implamented until mid 2015.The greatest time for 3dicon and its shareholders is now today!!!!!!!!!!!!!!!!!!

Monkey 28

06/22/14 11:07 PM

#22784 RE: QuietTim #22766

I've been thinking about the reverse split that will inevitably come. It's only bad if the sole purpose of the reverse split is to continue diluting. That's definitely what the last reverse split was about. Reducing the outstanding shares for the purpose of selling as many discounted shares as possible to pay liabilities. If a reverse split comes only to "clean up' the balance sheet or make the OS look good as some suggest, that will not by itself be bad for shareholders. If they can keep dilution to a minimum in the medium term, and actually deliver on the image space, funding will come. and it could be significant. A R/S at that point wouldn't necessarily be bad for current holders shareholders. a 1 for 10 split with an increasing share price still = profits.

Don't disagree with your thoughts on entry or re-entry at lower prices though. savvy traders can execute that strategy. most people wont sell though. i didn't sell any (can't follow the action closely enough). I also didn't buy the spike up either. I did buy some of this dump and will buy more in the very likely event that it tests the prior lows. Not in large amounts though. The R/S is out there, and could be sooner than necessary because of the new rule.