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Dickmo

03/31/13 10:58 AM

#16042 RE: smoke #16041

Let's not get carried away thinking the incubator was anything more than a rough idea. There is a reason that it was announced about six months ago and has not been heard of since. I'm guessing it died peacefully in its sleep just weeks after it was announced. It was a farce then and its a farce now. Management has enough troubles running their own business. Profit margins are low. They report at the last possible moment. IR is an absolute joke. Let's get their house in order first.

As for the concept that institutional investors might have an interest in this, highly unlikely. The company only does $18 million per year, call it $24 million on an annualized basis after the merger. It's just too small. Wrong exchange. They need to upgrade to the Small Cap NASDAQ. No float. (Sam: you need more shares out there. Declare a 5% stock dividend for the next three years and let's get some float out there.) No trades. Sorry, this is not what institutional investors are looking for. This is a retail and angel investor stock.