Rap, it seems as though many of our investors and shareholders share your agreement - no matter what we do from our end, we are seeing little response relative to the stock pricing.
We have engaged a new investment banking firm and have negotiated a consulting agreement with a BB stock market maker to add "fair trading practices" to the companies stock.
Also, we have generated buying into the stock exceeding 50,000 shares to offset the sell order which we saw in a block of 17,000 shares by an SI shareholder two weeks ago and the stock has only moved bid price from 0.375 to 0.438. I've always said that with out a Market Maker who has a vested interest in a company, that those companies often need buying at a ratio 3-4 to 1 to offset selling and move the stock.
I noticed the stock moved up 1/32 today on buy volume of on 4,700 shares which indicates that a moderate buy-side pressure on the stock would continue such a trend. We are planning to begin expanding public relations and volume often, but not always, results.
As the news of the first district sales begin coming out after the first of the year, we are hoping that the market will understand that Heartsoft's move to the district sale paradigm, away from much smaller single school sales, is beginning to occur.
With expenses at a comfortably lower level, 93%+ of all sales above $75,000 per month drop straight to the bottom line - building EPS sale by sale.
I've considered filing the forms with the SEC so I can personally begin to buy stock at these lower prices. Its just a steal.
Benjamin |
