Re: 5 hours / Good news? No longer any interest
in response to
by
posted on
Nov 23, 2011 01:02PM
First of all I would guess that given the scenario we proposed, the stock would move on such key developments.
My view is that the market would eventually recognize the growth in profits, profit margins and overall earnings growth, not to mention a growing cash position with no debt.
Should they still not step in, then the company would most likely buy back its own shares on the cheap, further increasing shareholder value
Shares they sold to raise money at .10 and above would be bought back at .03 in the face of a significant turnaround...again, given the scenario we proposed.
Certainly EDIG would catch the attention of microcap funds and speculators by then looking for companies not yet reflecting the positive changes at hand. And do not forget the enormous base of past shareholders or dormant shareholders who would delight at the prospects of an EDIG turnaround with the stock in record low territory.
Given Nunchi were to be deployed with new partners and announcement of such, I don't know how you could keep this stock from rising, but I am sure there are some that will try.