Posted On: 11/11/2013 4:05:19 PM
Post# of 36729
Joey I wouldn't hold my breath for the name changes/divy/split. They just hired a new auditor and we will most likely have to wait 1-3 quarters for that. The previous auditor screwed us on that. There was a good chance this would have been done with the AEGY annual, but since the auditor just quit on us for "no reason" we will have to start that process all over again.
What should be comforting is that Benz said that SKTO can't start collecting the AR's until PharmaJanes goes live. And he said that is planned to happen by year's end. Therefore if they do go live by year's end, then we should all assume that the Q1 2014 report will show collections on $30 M in contracts. How much is anyone's guess, but if they start showing collections of $3M+ then we are in the money. It just sucks that most likely we will be whining until May 15, 2014. Personally, I'm dumping all my AEGY shares upon launch. They diluted that pig to no return. What confuses me is why they dumped almost 2 billion shares in the last 3 months? Plus they haven't told us how AEGY will make money. Now I know why Benz said it will be a long, long, long term investment. Anyways, AEGY is looking like a dog with fleas to me.
What should be comforting is that Benz said that SKTO can't start collecting the AR's until PharmaJanes goes live. And he said that is planned to happen by year's end. Therefore if they do go live by year's end, then we should all assume that the Q1 2014 report will show collections on $30 M in contracts. How much is anyone's guess, but if they start showing collections of $3M+ then we are in the money. It just sucks that most likely we will be whining until May 15, 2014. Personally, I'm dumping all my AEGY shares upon launch. They diluted that pig to no return. What confuses me is why they dumped almost 2 billion shares in the last 3 months? Plus they haven't told us how AEGY will make money. Now I know why Benz said it will be a long, long, long term investment. Anyways, AEGY is looking like a dog with fleas to me.
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