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Rogerthat1

01/13/16 2:02 PM

#16274 RE: UglyAmerican #16273

Thx Ugly. Seems like they like to gravitate towards that 15-20M cash number as their working capital buffer. Might see from the investment fund from Israel as well as additional revenue stream. Question becomes when would some of these revs would hit the books and whether they'll continue to keep the float and OS small. I'd like to believe they will but I think given lack of immediate catalysts on the horizon and some of the items you mentioned in your response, market is being cautious on this. Overall sell off is not helping either. I really like the potential but am not convinced yet to start a position here at these levels. Will continue watching. Glty.