since,after conferring w others, there is no logic
Post# of 83
bashers have longs so brainwashed-75m OS is low for these pennies,- the best stocks in the 1 dollar range after huge buybacks have an OS of 100-250m- raising AS to 250 is a matter of course to give flexibility for acquisitions or financing- SOP- after all thats WHY they are a public co- co's have to do that until net income-
it never occurs to some longs thats WHY they are here -because its a public co-what matters is what they get for any issuance-value received-if value received exceeds market value of any stock issued- the transaction is non-dilutive as to value e.g.,if a co pays for services in shares rather than "cash" what difference does that make-what matters is the value received-longs often believe shorters hype that OS is AS-and OBJE has not even presently issued that we know of
the ceo does not go on a joyride throwing shares as freebies into the streets
longs want co's to lock shares after longs buy while co builds revenue 1000's of times over- thats not reality and you wont find that anywhere
after his experience w ient Danny wanted operational and stock control so he could concentrate on the business at hand
Lmcat has given proof how Danny built previous games business into billion dollar machines,so this is not your typical penny company
10q's usually paint a more stark pic than PR's and the built in boilerplate required by the sec is just that -boilerplate -in this case- and much of that reflects the situation BEFORE dannys entrance and the transformation of the co from something that was going nowhere and thus had very little value to something w huge potential, given dannys track record
since longs wont even ask questions and just default the playing field to shorters, as usual, I've tried to address the typical questions
games are not my thing-either the kind that is the subject of this co (nor the games people play), but they are the worlds thing/obsession- and a rapidly growing market, which from dannys track record and assembled team and existing games and just released games is something this co will tap into
some are waiting for the PR that confirms earlier PR re game release-we've been told danny is waiting for finra approval of name change which finra had said would come by july 23 -usual delays but of no consequence-does not affect operations and the games prophesied to be released by end of may and june probably have been-its a given enough have been to begin producing the desired revenue paradigm
again,10q's are a statement of PAST operations-mostly under the old co here-, not a prophecy of future operations
even at that, the current 10q is a substantial improvement over the previous 10q
so, we are at bottom of pps -little downside and great catalysts
any other questions?