InvestorsHub Logo

truetrue

10/21/11 8:51 PM

#6975 RE: Flatcat #6973

1962 shareholders of record w/ addresses and # shares held for each (for sending out the proxy vote invites and annual reports).
I get them every year for board member / warrant votes and for other issues.

Each institution has their own database that changes with the inflow-outflow of traders and longs of record updated /TBD at close of business.

Still, I'm shocked at the paucity.

My take, for what it's worth, re: PPS future...

BORK has put out a lot of GREAT news and progess reports.

Current "Longs" - we LOVE that stuff !! I mean LOVE it !!

We appreciate the NIJ progress, responsiveness to the OTC CE, the fiscal visibility and marketing commitment from mgmnt.

Less reasonable "mgmnt." complaints than ever, right?

But it's a growing small tree in the forest fighting for sunlight among the big trees.

Another PPS headwind:

If 23mm @ $2.50 PPS are owned by the 2K shareholders of record, then that still leaves 10-11mm or so with legacy GPGI converted certificates or in the hands of MM's.

The legacy cert / shares get into the float after the "Current" status is assigned in a couple weeks or so, since they won't be accepted in the "Limited" status (per CCarp post a couple days back).

299mm total - 266mm Restricted = 33mm - 23mm = 10mm legacy in flow

That dilutes the PPS value by a third, or, MAYBE, we hold PPS and the Mkt. Cap. increases by a third. Either way, support is needed for the PPS.

NIJ and the Chicago Cpts. show and the SWAT show in Nov. could help but...

**Really, BORK needs to make a BIG SPLASH with a sales announcement that the market can't ignore.

Then the stock jumps as market awareness, interest and MOMENTUM build**


EVERYONE LOVES A GROWTH STOCK !!

Bottom line: IMO BORK needs more eyes on the company, more story tellers, more converts, more long investors, more shareholders.

soon.