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billpr

12/15/17 11:36 AM

#42669 RE: Schneidku40 #42668

Then its "Catch 22" for us. With all due deference to Gregg, I agreed with him on the fact that the "walking down" theory was baloney.
Now I'm beginning to change my mind. Fish suspected that Baustead was behind our current situation. I scoffed at that idea thinking they were our best uplist buddies. Although fish IMO is off his rocker politically, I think he is a very savvy investor and I personally like him a lot because we both "calls 'em as we sees 'em". What I think may be going on is that 2 letters went out on the capital raise issue. The first was priced to sell shares at 2.15. The amended letter went out 10/17 raised the price to 3.50 and I think Baustead now realizes that at that price we will sell zero and raise zero capital. THUS WALKING DOWN DOESN'T SEEM SO CRAZY NOW, at least to me.