Nobody wants to touch on that issue. This deal was struck just before the shows which told me no buy out as one wouldn't take that kind of financing if a serious offer was on the table.
In the videos I posted Delgado was talking about having already had enough interest from distributors to buy all they could produce and mentioned how well received they were at the shows, "last years shows" these vids are a year old.
So a year went by without being able to engage those folks distribution needs, good news is we got the patent which the market immediately valued as high as .93,
bad news is the company chooses to take on this financing versus more traditional routes or as I've often mentioned put out an offering and sell shares to retail to raise funds.
This choice has resulted in not being able to put forth a real PR effort behind the patent news as this would put the SP in an unattractive range for said financing. I'd love an answer as to why that was the better choice.
That's a real issue for me and apparently the market feels the same as the patent is currently valued at well somewhere around .20 maybe maybe not ,as we know Peter said lots of news in 30 to 40 days well that's an eternity in the otc.
Now lets say NS does want to take the full amount of the financing deal that would explain the lack of SP supporting PR's and Peters estimate of 30 to 40 days before substantial news by that time I speculate the ghs deal will be completed.
I suspect NS not only isn't ready for a buy out but doesn't want a buy out, they want to go forward as per their original plans and goals of expansion.
The patent is old news now until substantial news is realeased where hopefully it will be repackaged in a real pr campaign .
I think the financing was the wrong move but it does give them a stronger position to make deals when your not hat in hand trying to make a deal while needing upfront monies to be able to deliver ,so there's that.
While I believe in the long term potential of NS , I sure wish we had achieved the ability to service these distributors Delgado had mentioned last year were ready to buy all they could supply, hopefully that's this year , what bothers me is if you put aside the patent approval and increased share count ....,last year sure looks a lot like this year in terms of potential, which rides on NS ability to meet supply needs before deals are inked .
So maybe this year having more cash and the patent approved will get distributors on board.
In the mean time everyday without a concerted PR campaign being rolled out leads me to believe that 30 to 40 days is accurate and bolsters my belief that we will see 18's and possibly 15's .
I sure think there would be alit better trading between .15 and .19ish /.20 than there's been between .18-.22
I'd love for us to go straight to dollars but that no longer seems as realistic, we all know the market is finiky it graves hype and praise.
I think we've been down graded to the show me mode and financials more than deals are going to pave the way back up and eventually past that .93 over the duration of the next year.
Now this time next year...., I believe with a year of supply agreements being met and happy customers will put NS back in position for a worthy buy out should they desire it and or national distribution agreements by the likes of a wholefoods type player......GLTA
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