Frankly it's much the same at NWBO where I have a major investment, if you don't know about it, it is a company worth checking out, potentially it's vaccine, made from the tumor itself in solid cancers, may be of benefit in nearly all solid cancers. The company really only discusses long term goals in the Annual Meeting, it does all required financial reports, but little guidance is provided until things are achieved, or about to be.
Does the company do a webcast Annual Meeting and issue quarterlies in a timely way. I know things are very loose on the Pinks, NWBO is on the OTC, hardly much stricter, but slightly. The goal for both should be getting on a major exchange and if EPAZ did get a major DOD contract, it could happen almost instantly.
Before I retired many years ago I worked in engineering for the Navy, I know a little bit about DOD contracts. Their biggest problem in getting a major contract may be the fact that they're so small. If the Govt. want their equipment enough, there will be a way around the problem, but it could be rather convoluted.
As for issuing more shares, NWBO does it almost every day, it keeps the lights on. I frankly am one investor who isn't all that concerned with dilution as long as the ultimate earning potential is in billions. I believe that's possible with either of these companies, in the case of NWBO it will come with approvals of their vaccine, in the case on EPAZ it could come with one, or many, DOD contracts. I know they're doing many things unrelated to drones, I have little idea of the potential in these other areas, but I gather that if what they develop is broadly accepted, it too could become a major revenue producer.
I frankly have never been in a sub-penny stock that went to double digit dollars, but did get into one which I know was once as low as $.03 that went to over $20 before crashing back to earth. I'm sure some sub-pennies have done it, just not any I've heard of, or been in. A friend, who's into drones, that I told about the stock invested. He felt if it reached a cent he'd be out, I said why? If it reaches a cent, a nickel, dime, or dollar I suggested to him, look at it's potential at that point. If the potential still looks good, why cash out. Perhaps take some cash out, but only if you either need the money, or want to put it somewhere that you believe the potential is also as positive. You can tell, I don't trade much, not if I believe in where my money is. Some tiny investments go belly up, but others move up, and I invest more.
Look forward to learning more about this company.
Gary
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