Unfortunately, it always seems to happen that ther
Post# of 1609
What I like about this board is that we can talk about what frustrates us about the stock and what we hope will happen without getting jumped on by the opposing camp. We're all in this together.
Blueskies, I agree, why go through all the hassle of getting FDA approved and CE mark and then starting initiatives, etc...if you don't intend to get the company moving forward. I don't think it's so they can sell more shares.
I do wonder what the company is worth if they were going to sell. I'm thinking about it from a price/share point of view. $50mm for the company works out to roughly $.025 per share ($50mm/2billion). Is the company worth $50mm? I don't know. I hope so, but what if it can only command $5mm. That works out to just $.0025 per share. I need .0035 to break even.
Any thoughts?