GrandPohba...from the best information that I have (and of course I may be incorrect), CCSI has received over the past several months, many proposals from a number of well known international companies. Recently CCSI received several more proposals which appear to be even MORE attractive to CCSI and its shareholders. The purpose of the retention of the new consultant was not to resolve "snags" or problems, but to enhance CCSI's review and evaluation process, and lend further credibility to their efforts. From what I understand, there are no "snags" or other difficulties; quite to the contrary, the company is in the enviable position of being presented with a significant number of attractive proposals from well known companies who want CCSI's technology and/or its applications. The CEO is interested in maximizing CCSI's value, and will take whatever time she feels she needs to complete that review. She is quite aware of the "interest" of CCSI shareholders in getting immediate "news", however, she believes that they will appreciate the effort she is making in maximizing their shareholder interest by not taking the first offer.
You should also be aware that in addition to the institutions who already have an ownership in CCSI, many well known funds and analysts have been in contact with CCSI for more information. It would be reasonable to conclude, however, that many of those funds and analysts will not take a position until they've had the chance to review whatever "arrangements" are made, and the resulting revenues that will result. That is not to say that some fund may choose to take up a position after doing their due diligence before an announcement, but that is left for me and you to speculate on. The selection of this consultant to work with CCSI can only help, and not hurt, in enhancing the interest of these funds and analysts in CCSI.
Our job as shareholders is now to patiently sit and wait. With a thin volume, the daily trading will drive you (and me) sorta nuts, but the wait should not be much longer and I believe we will be very well rewarded. Just remember the number of shares outstanding and the size of the float...sorta makes you feel all warm and cozy.
If you want to daytrade this stock, feel free, but you never know when good news may hit...
The above is my opinion only, so take it as you will. Obviously, I have no knowledge what any person, fund or analyst may or may not do...I'm speculating only. |
