Couldn't say it better. The bashers and manipulat
Post# of 9144
Posted On: 09/04/2014 11:58:33 AM
Re: nmbr1stckpckr #238
Couldn't say it better. The bashers and manipulators will remain in play until the company's operating revenues regularly exceed its operating costs. Right now it is on a margin due to the recent hiring of essential personnel whose job is to increase revenue from sales. There is an inevitable lag time between the hiring and the fully expanded revenues but given the products and the experience and the leanness of the company's operations it will occur. At that point the "longs" will start on the upswing and the manipulators will be priced out of the process.
The current tiny sales levels of shares in many ways represents those who hold large amounts of shares sitting on them. I won't sell a single share right now and I suspect neither will nearly all similarly situated investors. For the moment it is a largely static market due to what we see as the great price potential. There are few shares to deal with available at the moment.
I also agree it would be great in theory to upgrade on the trading system but those who argue for that don't appear to understand the significant added costs it involves. I was director of a company that had enough investors and $$ to come under SOX and SEC reporting requirements. It isn't the upfront money but the steady drain for unproductive reporting, securities, auditing and so forth both internally and externally that cost us in the vicinity of $750,000 annually for things that did nothing to add to the company's productivity but diverted a great deal of time and money. We are just going to have to be patient.
The current tiny sales levels of shares in many ways represents those who hold large amounts of shares sitting on them. I won't sell a single share right now and I suspect neither will nearly all similarly situated investors. For the moment it is a largely static market due to what we see as the great price potential. There are few shares to deal with available at the moment.
I also agree it would be great in theory to upgrade on the trading system but those who argue for that don't appear to understand the significant added costs it involves. I was director of a company that had enough investors and $$ to come under SOX and SEC reporting requirements. It isn't the upfront money but the steady drain for unproductive reporting, securities, auditing and so forth both internally and externally that cost us in the vicinity of $750,000 annually for things that did nothing to add to the company's productivity but diverted a great deal of time and money. We are just going to have to be patient.
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