Posted On: 07/05/2014 3:21:20 PM
Post# of 17862
Ok. It is Saturday and not much going on here. Hope all you guys are having a very nice weekend.
I have been mulling over events of the last week or two. Volume was high on the 25th and 26th. I am thinking at that time management knew they had received the final permit. I am also thinking the extra billion and 1/2 shares sold was dilution. why, you might ask? 1.5 billion shares sold @ .0001 would bring about 150K to the company. I think it very likely they are cash strapped still. (They had to be in Q1 due to 10 billion+ shares of dilution.) The question I am mulling is, is 150K enough money to get operations finally going. I am very much hoping management is still in the states. Having them go back down there will cost too much money. Operations should be able to start and continue without them. But, even if they stay home, I am thinking they will need more money. as a result, I think we will see some more high volume days soon.
However, IF they harvest some trees and sell them right off the dock (so to speak), that should be the fastest way to start bringing in some much needed revenue..... wouldn't that be nice.
tex
I have been mulling over events of the last week or two. Volume was high on the 25th and 26th. I am thinking at that time management knew they had received the final permit. I am also thinking the extra billion and 1/2 shares sold was dilution. why, you might ask? 1.5 billion shares sold @ .0001 would bring about 150K to the company. I think it very likely they are cash strapped still. (They had to be in Q1 due to 10 billion+ shares of dilution.) The question I am mulling is, is 150K enough money to get operations finally going. I am very much hoping management is still in the states. Having them go back down there will cost too much money. Operations should be able to start and continue without them. But, even if they stay home, I am thinking they will need more money. as a result, I think we will see some more high volume days soon.
However, IF they harvest some trees and sell them right off the dock (so to speak), that should be the fastest way to start bringing in some much needed revenue..... wouldn't that be nice.
tex
(0)
(0)
