We all appreciate your efforts, in trying to clearify some of the questions that have been floating around.
I lurk here occassionally, (since it was $2.), wondering whether or not to take the plundge. I have a few questions for you, if you don`t mind. Make Me A Believer!
#1 An application to NASDAQ listing may be filed. However, doesn`t the stock have to maintain a level of $2. for at least 3 consecutive months?
#2 Acquiring an additional co. takes money. Thus draining co. coffers. Otherwise, they will be forced to delute additional shares. Not good! Share price will fall! Outstanding shares will increase!
FDA approval may drag on for years as they are aware. Very Risky, on the front end.
Is this not why they sell their product overseas?
#3 First quarterly report will not be made public till end of Sept. This will keep alot of investors at bay till then.
#4 Earnings! Earnings! Earnings! Earnings will make or break a co. They covered their butt. They "speculate" positive earnings. Don`t we all?
#5 Mr Bakers departure has no bearing at this time. If their product does not sell, or they do not obtain FDA approval, or they show no earnings, or they stay a BB stock, his shoes won`t need to be filled.
Don`t get me wrong. I am interested in this co. I just believe it takes more time to find its real value, whether 50 cents or 5 dollars.
Goodluck,
Gary |
