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Lofaus2014

09/09/14 11:31 AM

#42219 RE: hobowilly #42214

As PPS bleeds, new product announcement would at least give the appearance the company is trying to stem the tide until they release better news on the IPO and the 10Q. That fact that communication is non existent points to some potential troublesome developments.

A CEO that is "shareholder friendly" wouldn't let his investors hang out to dry as the value of his company plummets to the tune of a 30-40% loss.

I'm a long shareholder, not a basher and when you lay out the observed facts, they are negative with the same effect as the paid hedge fund employees who have an agenda to beat this pps to a pulp and regularly troll this board.

The longer this misery drags out, the more suspicious this OTC stock looks. Am I missing something here?
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lesgetrich

09/09/14 12:55 PM

#42239 RE: hobowilly #42214

Had they hyped the 2.5 you'd be accusing them of acting like a penny scam pump and dump with a PR for something that isn't that big an improvement over 2.0. It's also possible that they were testing demand at the $20 level with existing customers before formally announcing the product at $15.

The company doesn't have to respond to every disgruntled shareholder. They need to hold to their business plan and the pps will work itself out in the end.

If I were Paul I'd be holding all announcements, including the financials, to co-ordinate with the SEC response to the S-1. If the financials are a few days late, so be it. They have a 15 day grace period from the SEC before they are actually considered to be late. If the SEC has more comments, at least the disappointment would be offset by presumably good financials. If the IPO becomes effective, the combination of news could drive the pps back up. Everyone needs to take a deep breath on a Relax and have some patience.