Posted On: 06/10/2016 2:57:04 PM
Post# of 15187
Re: Thundersteel_03 #6103
Hey Thunder, great to see you back around. Man, what a disaster at Uluru huh?
When they file if they show 3-5 million for 2016 as most of us feel they should. I see an initial run taking it to .03 to .05 then base around .02. However , you and I both know in the OTC world it could run a lot higher due to the dynamics of this play. Thousands of stores selling the product is not something that most OTC runners can claim! As you previously stated, it ran to a penny on hype of distributor news. Vegas is a BIG Deal. Unfortunately, I don't think the filing is coming any time soon.
I understand your logic behind a possible share buyback but unless some of the funds from PLN were dedicated for a buyback, it doesn't make sense to me.
When they file if they show 3-5 million for 2016 as most of us feel they should. I see an initial run taking it to .03 to .05 then base around .02. However , you and I both know in the OTC world it could run a lot higher due to the dynamics of this play. Thousands of stores selling the product is not something that most OTC runners can claim! As you previously stated, it ran to a penny on hype of distributor news. Vegas is a BIG Deal. Unfortunately, I don't think the filing is coming any time soon.
I understand your logic behind a possible share buyback but unless some of the funds from PLN were dedicated for a buyback, it doesn't make sense to me.
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