Ok Hunter- nice post. Hey, I giggled a tad at your "dude" signature.
This is a penny stock- if not pink sheet.
Past history had a deal or two with a pretty big boy or two, which never amounted to much of anything; but nothing in the past compares to the quantity & quality of the Big Boys beginning to employ Fonix technology more recently.
Yes, the Big Boys aren't forking over any money, though someone is- for shares- but on the other hand revenues are beginning to flow from one or two of the newer "big" deals.
The shares are diluted greatly, though another double to a half billion hasn't happened just yet(Hey, they could still use the newly authorized shares for a split, LOL).
Revenues are growing Very Well, but are so tiny as to prove nothing.
All in all, I feel this is a better than average high risk bet- the kind in which you might expect one in ten to more than make up for the other nine- certainly nothing a wise person puts a lot of his eggs into.
I think the above shows I'm in agreement with you on many points- I just view the prospects differently, pretty much jsut as you say. Given the associations with so many names such as Microsoft, Motorola, Panasonic, WindRiver, Intel & etc, it is easy to understand why such a large following is beginning to believe in this technology. Time will tell- but if a person wants to put 5-10% of his money into high rish investments, I do view this company as a good place for up to 10% that.
Dan B |
