posted on
Jan 10, 2023 08:55AM
...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!
Message: Re: IR
Narmac, agreed. The hope you described "hoping somebody rescues them" is my hope also. Sell, take what you can get, and get out. Even $3-5 would get capital rescued for the major investors, and some would make a pretty solid ROI still, depending on average acquisition costs for some.
Some of the bigger and early fish need roughly $2.60 to get out "whole" except for the opportunity cost and the "time-value of money" paper losses. It's hard for me to believe that they couldn't cut a deal at $5 per share with some BP, given the patents and how far advanced the science & IP actually has progressed, even though still short of the finish line. Add in the tax loss carry-forward, should a purchasing entity ever have revenues for that write down (that's worth $1-2 pps alone potentially).
It may not be the past dreams of billions in ROI, but millions to the bigger fish is still far better than a toilet flush for their sunk capital investments. Ten million shares x $5 is still $50m for a few, and a lot more for a few other of the biggest fish with many more shares.
And $5 pps would be just fine with me at this point, with no progress in sight, or reason to believe in progress around the corner ... even though more would be better of course. If I ever get more than $5 pps out of this investment, I am partying like it is 1999.
Personally, very hopeful that the current radio-silence is the "shroud of due-diligence" and something good is developing, but holding off on buying the cottage, boat and corvette, and the 3 week safari.
Hopefully this therapeutic will be on market by the time I actually need it, whether the investment worked out or not lol
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