When cash on hand reaches $18 million or share dilution increases 500 million shares or a combination of the two. For example: cash on hand $24 million and an increase of shares 250 million. The SP will then trade between .05 and .07.
Of course if shareholders start dumping their shares rapidly, you will see .07 and lower much sooner. About 17 million shares should do it.
In this regard, Professor Li holds all of the chips that matter.
It would be a value trap at that price, without any potential contracts publicly announced.
Right now the cash and speculation of the new facilities, the power upgrade and recent volume of production parts mentioned by B.B. are keeping this one above .08.
The firing of B.B. could also drop the SP to .07. B.B. is having a very difficult time right now.
Let’s all hope he soughts things out soon.
Just like ours, Li’s patience is also running out.
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