>>>The simple facts are that this company has major obstacles in its way to achieving a NASD listing, least of which is the huge number of outstanding shares, lack of strong institutional support, ridiculous dilutions, high burn rates, slim margins, lack of profile, weak alliances, etc. etc. The list goes on.<<<
ALL of those items you have mentioned have NOTHING to do with whether BII gets a NASDAQ listing. Are you sure you understand the basics of investing? Let's break them down:
huge number of outstanding shares
Although I believe that the number of shares outstanding is relatively high compared to other similar NASDAQ players, the number of shares outstanding, especially 50M shares, is not an obstacle. Come to think of it, most similar NASDAQ companies do have shares outstanding closer to the 50M that BII has, they were just held internally and the owners were refrained from trading because of their IPOs. Are you sure you understand investing?
lack of strong institutional support
Well, to list on the NASDAQ, do you need strong institutional support? Funny, I didn't read that in the NASDAQ Listing Requirements! Come to think of it, are you sure they don't have strong institutional support? Are you sure or are you just speculating?
ridiculous dilutions
I got to laugh at this one. Are you sure you understand the basics of investing? Isn't your argument on huge number of outstanding shares actually just another term for rediculous dilutions! Kris, you're starting to repeat yourself, certainly not a good sign for a lawyer in battle!
high burn rates
Well, I would have to agree that BII does have a high burn rate. But so does every other Internet company trying to grow at 50% to 100% annually. That's the whole point, Kris, get market share. After the battle is done and you've won a fair share of the market, then start getting profits.
Oh, BTW, what does high burn rates have to do with getting a NASDAQ listing? Are you sure you understand the basics of investing?
slim margins
Well, I do agree that they have slim margins. Some of their other market focuses, such as business-to-business, may help - only time will tell with that one.
Oh, BTW, what does slim margins have to do with getting a NASDAQ listing? Are you sure you understand the basics of investing?
lack of profile
Hmmm, lack of profile. I guess that's you're call, not mine. The most highly traded stock on the TSE over the past four months. Hmmm, let's see, not much profile there!
Oh, BTW, what does lack of profile have to do with getting a NASDAQ listing? Are you sure you understand the basics of investing?
weak alliances
WOW, I didn't know having AOL as a partner would be considered weak? What about Rogers? What about a board member from Microsoft? Not what I would call weak, but that's your words!
Oh, BTW, what does weak alliances have to do with getting a NASDAQ listing? Are you sure you understand the basics of investing?
etc. etc. The list goes on.
Kris, better dig out the list cause so far, everything you posted was GARBAGE! |
