First, questions on the O/S, float, etc. if you know more, please post. I have a call in and will probably get some answers tomorrow.
But, conflicting stories say the the total shares are: 750,000,000 with many restricted and the float is anywhere from 37,500,000 to 134,000,000. We need to nail this down for those of us that like to crunch numbers. Either way, very little money at the current price level buys the float up. So, from what I can see, all of us doing our part now will only do all of us a favor later.
As for what's in the hopper... I'm hearing there's a lot of events about to take place. First, a PR is expected to be annouced very soon. Details are sketchy as the CEO is pretty quiet about it. People here have mentioned a merger. I'm hearing the value of the stock should increase quite nicely. In addition, I believe I heard rumors that more PRs are planned in the next few weeks to come.
Like I said, I've only have bit and pieces but everything I'm hearing at this point is very positive and it looks that it's coming back to life.
As soon as I have a nice talk with the CEO I'll put out here what he wants to pass on.
Kevin |
