Joe Peters confirms your data on yesterday's trading.
Dann Deaver was brought on staff a few weeks ago, but only recently was given the title and position. I suspect he will count as the eighth employee. As I recall he's also president of Polymer Systems International, which, among other things, owns the Sawyer Canoe company. I met him when he and Kurple came to town doing a presentation -- that was before he was officially on staff, though at the time PSI had already taken a strong interest in and was developing products with Lenox.
Yes, the presentation in California took place. Word is that some good contacts were made, prospects and options for financing were explored. But, you're right, it didn't cause any trading in the stock. My hunch on this is that the brokers they met with are looking to make money through other means than selling the existing stock. I haven't heard anything specific about the kinds of deals being pursued -- as stockholders, dilution is obviously our main concern. I believe Kurple is strongly on our side.
Just to speculate, a good option might be to issue some debt, maybe some more convertible debt. Ideally, a company could just finance growth out of earnings, but, most of us are too impatient for that.
BTW, for Don and others, both bid and ask have now risen. Can$2.10-$2.25, which xlates to about US$1.55-$1.67. All trades still buys. Anticipation of earnings release probably.
I'm looking for the earnings tomorrow, but no guarantee -- apparently it's up to the whim of the folks at the Canadian market.
FWIW.
-DT
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