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Tony_the_Tiger_1973

06/02/15 6:44 AM

#74726 RE: TraderJoes712 #74725

Company is shedding all convertible debt by end of month and pps has been crushed by conversions. This has caused a need for increase in AS. OS will be around 4B when it's all said and done. It's a nightmare on paper but annual sales are increasing by triple digits. They won't RS this year and have locked their preferred shares as well so they won't sell anymore shares on the open market. People are afraid to call bottom and don't do their own DD. Therefore lots of people will be chasing if they aren't accumulating like a lot of us. Myself and others are expecting the price to recover over the next 7-10 months to .03-.04 which would be a reasonable multiple of sales.