Real question is - Do they allow MMs to take it to .56 on Monday?
At some point the company has to stop treating this like a venture capital or private equity situation and defend the stock and existing share holders. This is the only way they are going to get new shareholders and see the PPS grow. Otherwise it is a "FREE SHORTING ZONE"
This simply requires a strategy that consists of 5-6 PR’s a year to keep the market place informed.
1 - inform marketplace of Norwest VP joining the company, and why.
2 - another PR about the tests that were performed, and qualifications of the company performing them. Very important to stress the qualifications of the company doing the work.
3 - PR about how Geoff has expanded position to also over see development of additional assets
4 - PR about how developments have increase at such a rapid pace the company is developing a new PR department to communicate with the marketplace what Geoff and his people have found. Restate Geoff's qualifications and who he was before coming to company.
5 - These previous 4 have taken you up to Jan - Feb when some testing data can be released.
6 - New tests being performed to develop additional assets
7 - Valuation of new assets.
This schedule would take us to next year and probably a PPS of $2-3.00. More importantly - we have maybe doubled the number of share holders and so when good hard data news is released the stock has that many more people doubling their position ,, and telling friends. Instead of stock only going to $7,, it goes to $10. Company also has better bargaining position as they would be in a position to chose to develop the asset for production themselves.
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