Replies to post #9436 on Value Microcaps Free-For-All

[SteveSchiets]

Re:TXPO.OB “It’s ALL about execution.”

Thanks Rocketeer for your thoughts on Cornell. Owning MOBL.OB gives you not a pretty sight of cornell dumping shares at any price. Luckely others like CTUM brings hope. Things can be good with Cornell too.

One of the longs told me this, and I stand by it:

The Cornell private placement is at a FIXED CONVERSION PRICE. Cornell
doesn't damage stocks when they have a FIXED CONVERSION PRICE. With a
FIXED CONVERSION PRICE, Cornell makes more money if the stock goes up.
This is a huge difference compared to the situation, for example, with
mobl in which the conversion price is variable.

A 6% interest rate is fantastic, that's the key metric for this loan
along with the fact that it is convertible at .41. This is a private
placement at .41, doesn't matter that it is through cornell.


TXP's float is around 4M. A perfect float to flip around. Not really my strategy. I intend to hold tight this year, no matter what the price does. I believe we will see a profit this Q.

skidos