Let me ask a stupid question as a new investor ? Why would the PPS rise on merger news if both companies involved are so small ? Been holding a long time here and starting to wonder why ?
I agree that trust and "credibility" can be everything in the pinksheets. I also understand your philosophy about the boards but their are also pumpers and promoters to offset the bashers when the time comes. QEDN's time will come whether this week or not IMO. This company seems above board to me with two entrepreneurs wanting to merge and use their combined talents to create a successful product. If the supply of the stock can be overcome with more demand than maybe the new share structure or maxed existing share structure will create a decent run. I have a sell order in to break even at a very accessible PPS so I can ride freebies for the long run. Another sports bar contract from Essence's DD and Tablet PC rumors enables me to except a late PR and risk a whopping $2000 i.e. less than a weeks pay. Essence mentioned that Gregorakos sounded genuinely excited about the new contract. These guys just seem passionate about their products and services. They don't seem like the typical pinky presidents/CEO's out to screw the general public. IMO they are just trying to get the business started using the merger as a spring board but with limited resources as most pinks have. Any other pinky pig will have one issue or another. Sometimes billions of issues, no pun intended! Experienced penny trader know the number of risks these companies offer up. We know this is why they aren't on the bigger boards and their PPS's aren't in the ten's of dollars. We all have our level of patience and I totally understand folks that bail to move on to what is perceived as the bigger and better pinky trades.
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