News Focus
News Focus
icon url

mikeymgd

04/02/11 11:32 AM

#18091 RE: risk on #18090

We are in a different mind set about the CE.

I say announce everything in a timely manor. The initial spike doesn't matter. The stock over the next 3 months will trade on the results regardless of CE. The delays on financials and dredges make the CE a non event anymore.

Also consider they want to uplist in May. If say pinksheets takes 30 days to remove then its a waste of time to worry.

Financials April 15
Pinksheets CE removal around May 15
Uplist hopefully by May 31

Really the 2-3 week gap from CE removal to uplist doesn't mean much. The company needs to not focus on worrying about making the stock prime for day traders (holding PR until CE removal) and just focus on sending out updates as they arrive.

The price could take an extra week or two for reaching value but does that really matter.

In the end production is a Q2 event and that filing is not due until August 15th.