why worry the rsi is low
riskreward007 Tuesday, 10/25/16 05:09:06 PM
Re: None
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107186
of 107186 Go
As has been suggested here, I think this video today was all about Mark Kay documenting and covering his own rear before the big news. He doesn't want the SEC coming down on him for any accusations of insider trading info (after emailing hundreds of shareholders about the company).
So he took this conservative step and mostly just reiterated what he had said before:
No Reverse Split now or in the future
No Debt
3rd Qtr. 10Q as good as the previous quarter (or slightly better)
Various deals in the works
3 Lawsuits could take a long time (or not)
People have to learn to read between the lines here. Put yourself in Kay's position.
Although he probably wanted to clarify some things that people have asked him over and over again (like the reverse split question) I think the video wasn't all for shareholders, I think it was also about Kay being conservative in his predictions and keeping a clean record with the SEC going forward.
If there is fantastic news just under the surface, he can't reveal any of it until the 10Q or the shareholders meeting on November 18.
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