I agree, mind you 95/lb is of course the retail no expenses included price, but even if you haevily discount that price we are still undervalued by a long shot. makes no sense other than the mm's are trying to hold this down and shake out weak players prior to the next few runs...I think there should be laws against this. Are there not?
Now if you look at the likes of GLXI, who had a massive run earlier this year, you really have to wonder.
of course the future does not look so bright for them right now, which should be huge for us. Once the pain of loss is over for them their shareholders will see the light here. We are in utah, not northern quebec. Our management may be awkward and taking the slow road, but so far I am liking our chances here, and i am in for the haul.
I think also that market sentiment towards the pps is based on the 504 and the dilution they are utilizing. Investors on the whole would prefer to have management find the funding elsewhere, it all comes with a price however, and sooner or later needs to be paid.
I noticed that rsds is doing their investors relations in house now, so maybe a few ointed questions regarding the plan are in order.
I for one would like to see some kind of official response as to are we or are we not expecting another reverse split.
As for the authorized shares, are they planning to increase.
These two questions imo, are what matters most right now.
As investors we have been bent over the barrel to fund this plan, are we to expect a fair shake in return, or are we to happily plod along, blind of the consequences of managements historical actions.
I for one hope those issues are matters of the past, we have a good thing going here and I do not want to see them abuse the investors in that way.
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