Posted On: 09/22/2016 3:14:41 PM
Post# of 22940
Steve,
Read the financials. When a company doesn't have money to pay for operations, they pay for services in shares. No one knows who is selling, but if I had to guess it would be consultants converting preferred shares into common.
Totally understandable and this stock is holding up well to the conversions. I would be concerned if revenue producing operations from EIA are not achieved in the next 30-60 days, EX-IM financing is not achieved, and or the SLA's fall through. These are scenarios that I in my opinion - do not think will happen.. and If they do, well that is part of the risk of investing in micro-caps that have not yet generated substantial revenue to offset its on-going concerns..
In conclusion, it takes money to make money. As an investor, I enjoy reading these tweets - fluff or not, it keeps me 'in the know' of things and transparency is of utmost importance to me.
https://twitter.com/TPACbearings/status/778600348428537857
imo
$tpac
Read the financials. When a company doesn't have money to pay for operations, they pay for services in shares. No one knows who is selling, but if I had to guess it would be consultants converting preferred shares into common.
Totally understandable and this stock is holding up well to the conversions. I would be concerned if revenue producing operations from EIA are not achieved in the next 30-60 days, EX-IM financing is not achieved, and or the SLA's fall through. These are scenarios that I in my opinion - do not think will happen.. and If they do, well that is part of the risk of investing in micro-caps that have not yet generated substantial revenue to offset its on-going concerns..
In conclusion, it takes money to make money. As an investor, I enjoy reading these tweets - fluff or not, it keeps me 'in the know' of things and transparency is of utmost importance to me.
https://twitter.com/TPACbearings/status/778600348428537857
Quote:
@TPACbearings
We expect revenue in calendar Q4. Should this occur, we believe we could eliminate "going concern" language in the K and filings thereafter
imo
$tpac
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