Replies to post #6227 on GeneSYS ID Inc fka GNID

[Skiluc]

At the rate progress is being made here, and the situation of the failed buyout, that will easily be looked past. And I can think of many cases where institutions bought low floaters, and got 1000-10000% gains!

[StockMedic1]

OPPOSING VIEW OF SMALL FLOAT Institutional lenders (NASDAQ quality lenders) look to see how much the insiders own, as well as their business successes - the float is looked at only by flippers and scammers at the OTC level. Long term holders have a completely different view. (NASDAQ) quality IL's don't invest into OTC issues because of the large floats and the penny flippers. Thats why listing requirements and maintenance levels are much higher for NASDAQ and NYSE MKT. They look for growth, and when they do a secondary or an IPO when uplifting, the smaller the float, the better is for those underwriters customers. And that my friends, is the difference between an OTC mentality and a Big Board mentality.

[HokieHead]

Let's update that current RXSF state, eh? Or should I say safe HAAHAA!!

[ebechtold77]

I'm a newbie. How come my shares did not move with the new ticker ? I have 11,000 shares of rxsf

[StockMedic1]

Because most institutional lenders want variable rate convertible instruments at steep discounts to market - otherwise known as death spiral funding. But when a low float company is properly funded through say a PIPE financing with a venture firm a company can avoid the typical "Institutional investors" and quite possibly enjoy great stock performance.