Hi Rocky hope you are well. You are the best on th
Post# of 7769
Posted On: 11/08/2014 11:57:02 AM
Hi Rocky hope you are well. You are the best on the technicals so I leave that to you in particular. This week is what we waited for regarding the meeting/#s at some point. Last quarter we came in with 3.7m in revenues and one would think we should see 12m which is pretty nice. I am hopeful that we will be profitable and we should see the results next week.
Again regarding the "noise" in terms of Ironridge. We endured the WORST of Ironridge last year with over 10m shares sold. Even if we lose the case which we probably will we only face 1.6m shares at .10 cents. In reiteration 160k dollars of stock can be done in days not months. All the big boys know about this VERY SMALL ALLOTMENT OF STOCK and their investment thesis is not based on seeing the float increase by 1.6m shares. This is an absolute nothing to the big boys.
In order for bigger boys to buy they want supply. If you think they are going to run this from .11cents to .20 you are sorely mistaken as they are very methodical in nature.
In conclusion:
we have already dealt with Ironridge with over 10m shares in supply at .0795 cents which is long gone. We will PROBABLY LOSE the case and they will be awarded 1.6m at .10 cents which is 160k in dollars not a large figure with 80m shares in the float. Clearly HF's are not staying away because of Ironridge receiving 1.6m shares thats just "noise" by the ihub I need depends crowd.
Again regarding the "noise" in terms of Ironridge. We endured the WORST of Ironridge last year with over 10m shares sold. Even if we lose the case which we probably will we only face 1.6m shares at .10 cents. In reiteration 160k dollars of stock can be done in days not months. All the big boys know about this VERY SMALL ALLOTMENT OF STOCK and their investment thesis is not based on seeing the float increase by 1.6m shares. This is an absolute nothing to the big boys.
In order for bigger boys to buy they want supply. If you think they are going to run this from .11cents to .20 you are sorely mistaken as they are very methodical in nature.
In conclusion:
we have already dealt with Ironridge with over 10m shares in supply at .0795 cents which is long gone. We will PROBABLY LOSE the case and they will be awarded 1.6m at .10 cents which is 160k in dollars not a large figure with 80m shares in the float. Clearly HF's are not staying away because of Ironridge receiving 1.6m shares thats just "noise" by the ihub I need depends crowd.
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