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feddupwithnitwit

04/22/10 5:10 PM

#17769 RE: Chrion #17762

Chri, what about Whit having to do more placements at a 30%-40% discount from the current pps?
The Vegas gig was for accreditted investors only. Who is he going to attract with a .0020 share price and $7M market cap? Then he has to discount that to get any funds. This is crazy.

That's why I've been saying he needs to get it in gear. Btw, I don't agree that $7M is a fair value right now. I know that these penny stocks without earnings are hard to figure what's fair since there's no earnings or anything for a long time...it's all speculation on earnings several Qs or years out...but I think the speculation factor should be sky high right now for ITRO and they should be commanding at least a $15M-$20M cap. That would put the pps up around .0045-.0055. The potential for Auric alone or Guardian alone is tremendous. And Whit doesn't even talk about those in his interviews...which still blows me away. The GNG fert line is great (according to CPS themselves) and silver looks like it's trying to break out to $20+ any day. Add all of the speculative factors up on all of these and we should be much, much higher right now just on speculation/potential.
That's why I'm so G.D. frustrated and on my last nerve with that "p" word.
Btw, I think you have proven yourself to be one of the brighter and level-headed and mature guys on the board. You have my vote for lead moderator!
Anybody else care to second that?

Out with the same old crap. In with the new!
Chri for ITRO Lead Mod!
(there's a campaign slogan for ya;-))