Well said Farrago. I probably did not come off right, I intended it as sarcasm at the preferred class of shares offering in the first place, and not any kind of personal thoughts that any of you guys needed to be buying up those shares. All your points are valid and sorry if I came off wrong.
However, my joke about the auditor change remains, there is no telling about the exact reasoning behind this move except that they currently have no incoming funds to continue to report, IMO. The bottom line fiscal condition of this company has pretty much remained constant in the year and a half Ive been following.
There was no attack on longs intended and I didnt know the prefs class offering had been rescinded. Thats a good deal IMO because it was pretty laughable in the first place and that is what I intended to roast, not longs by any means. Its plenty cheap enough at three cents if you think real financing is on the horizon.
But your one dollar to 1.50 model within a year after receiving financing is really not warranted farrago, although the most of your logic in the post is spot on. The fundamentals dont shift like the sentiment and SMKY if it achieves everything stated as new goals could be worth .15 maximum.
But hey thats a five bagger right?
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