News Focus
News Focus
icon url

RDG013

04/04/06 12:00 PM

#2551 RE: seaghost #2550

Well, we needed cash for the launch and they should have plenty with all the shares that hit the market. Now that we have launced, the cash needed should be considerably less and revenues should start rolling in. Hopefully this means less dilution with no dilution in the near future. If that trend does not start now, then we can reasonably deduce that Astom is indeed scamming us. since most of us are in from .0002-.0005, it is worth the roll of the dice imho.
icon url

creede

04/04/06 3:48 PM

#2582 RE: seaghost #2550

You know, I'm not trying to rain on the parade....I'm just trying to keep my expectations realistic. I'm still long...just in case....but I think it a "long" shot and quite improbable....I hope I'm wrong, but I doubt it.
icon url

Tradetalker

04/05/06 2:25 AM

#2601 RE: seaghost #2550

Seaghost, nice post. That is where I am at - struggling to make sense of this. Realizing they have a strategy that does not take shareholders into account, at least not now. I'm incredulous, this thing has bled like a hemophiliac. I try to focus on the news, which is undeniably good. The Acola article should have given us a great bounce. This dilution has been a governor on a really nice engine - although even if they remove it, the horsepower has been drastically cut. Although without a buyback and assuming a 25 million market cap, we could still see .001 or so given projected revenue. But even half a penny is now doubtful.

Mark and Rick's reputations are at stake here - a perpetual subnano PPS is ridiculous. Of course that argues for a R/S, but again we have the public statement to the contrary. I cling to Rick Mo's integrity, and Mark's desire to make starving filmmakers wealthy on his company.

PFrenz, Captain, like your posts recently, thanks. Creede, glad you're still here.

TT