Re: Question and Answer from Bullmarketrun.com from today
in response to
by
posted on
Jul 04, 2013 12:00PM
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Money, I agree with your quote below. But would also add this, providing the results are good, they need brokerage support to manage and move the price to the appropriate position to finance, my biggest worry thus far is since 25 M shares have traded and the CEO hasn't sold any of his 14M shares, the company appears not to have brokerage support and were unable to clean the float to move the price higher for a financing. So, let's hope for good results at the very least. Let's hope all of this in place and we are not just dependent on the CEO to do the job because the daytraders will swamp his efforts if not supported by a dedicated brokerage (likely one doing the financing).
".... With all due respect, the results of this hole plus the IP will determine the financing price. It may very well be 15 cents but the results will determine it.... "