InvestorsHub Logo
icon url

scmfinance

08/11/11 12:33 PM

#4522 RE: EYEBUYSTOX #4521

The completion of $22M in financing is very telling that all odds are against the company being acquired for the time being. Why move forward with the financing otherwise?

We know they need money to ramp up production and marketing efforts, so given they received money, this would be the most logical conclusion as to what is happening behind the scenes. And in that case, I would hope the company updates shareholders often on the progress.

Apart from being acquired, as I said a couple weeks ago, the only way the price moves up significantly is thru guidance that demonstrates a large demand for laviv and therefore potentially large profits. Unfortunately, I doubt we hear anything on this until late this year at best. Nevertheless, a PR stating that production is online and things are developing as expected (or better than expected) would be nice. Until then, we likely trade in a range with some dips and some spikes depending upon traders moving in and out.