Well, hearing more prototypes going out is very positive. Have to have that before contracts. Wish we knew what type. But with that information...it seems things are moving along. That's good enough for me at this stage. To sell now would be meaningless. The upside potential greatly exceeds the downside. Hope to hear more comments as the night and tomorrow progresses.
I'll have to listen to the call again because I forgot the word Steipp used, but he said that the income that will be generated from Swatch is not enough to make any kind of difference.
Also, they sold $12 million in shares this quarter. Even if they sold them at 20 cents, almost twice the current price, that's still 60 million new shares. I saw 191 Million outstanding shares before, so this round of dilution puts us at 251 million outstanding shares? The stock just got diluted by almost 25%. That makes today's 11.8 cent price tomorrows 8.6 cent price.