Hey Steve - I have a long and sorted history with Micromem going back all the way to 1999. I have been in and out since, usually holding a small position. Prior to the August 19th, 2013 PR I held a couple thousand $$ in it – I think like 27,000 shares or so – stock was around .17 – However, based on that PR I took a chance and gave MMTIF another chance (Lord knows they have had a calamity of errors over the years) – picked up 200,000 between .18 - .19. Then someone decided to sit 6 million shares on the ask at .20 for a couple of weeks….I thought I had made a big mistake, but we ate through them, they issued the PR on Oct 8th, and the rest is history…
I sold a bunch >$1.20 on the two run-ups, and have been slowly re-accumulating below .85 here. I want to buy it all back because, like I said, I truly feel that if they can and do release the names of some of the giants they are dealing with (IF they can - in fact- put those deals together) we will never see sub $2.00 again - JMHO - However, for me to buy back all that I had before I am going to need to see something more this time around from management – we had deals with BASF, GSI Westwind and many, many others over the years that never panned out – Micromem is a company still searching for a way to create a revenue stream with its technology. I hope they have FINALLY hit pay dirt here, they actually have unique, patented, technology, but I am not delusional – I know all the risks here – the O/S, the warrants, management, and their history – to name but a few.
GL2U.
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