2 simple things would help this stock tremendously
Post# of 96892
Posted On: 06/24/2015 4:17:23 PM
2 simple things would help this stock tremendously and it is amazing to me how the company fails to do this.
First, give a simple revenue forecast for the next 1-3 years, starting with next q. Of course no one can be certain, but companies are legally able to give forecasts based on expected growth. If they expect $5 M next q, $15 M for 2015, and $50 M by 2017, then coming out and saying that gives shareholders and potential investors alike something to look forward to. Something that can give them concrete data about what the true value of the stock should be. Just doing that alone takes this stock over 3 cents imo.
Next, announce a share retirement and buyback program. Even if it has to start out small, just the fact that the company feels confident enough to do this gives shareholders the confidence to buy more shares and to hold the ones they have. It shows that the company is happy about and looking forward to the future and what is coming ahead. Continuing to dilute and saying nothing? Gives the exact opposite impression.
Doing those two things moves the stock over 5 cents. It amazes me the sheer incompetence that penny stock companies exhibit when it comes to their share structure. Besides whatever product they are selling, their SS structure is their most valuable resource. It should be treated as such. I have many more ideas but those are just two that could get things rolling here.
First, give a simple revenue forecast for the next 1-3 years, starting with next q. Of course no one can be certain, but companies are legally able to give forecasts based on expected growth. If they expect $5 M next q, $15 M for 2015, and $50 M by 2017, then coming out and saying that gives shareholders and potential investors alike something to look forward to. Something that can give them concrete data about what the true value of the stock should be. Just doing that alone takes this stock over 3 cents imo.
Next, announce a share retirement and buyback program. Even if it has to start out small, just the fact that the company feels confident enough to do this gives shareholders the confidence to buy more shares and to hold the ones they have. It shows that the company is happy about and looking forward to the future and what is coming ahead. Continuing to dilute and saying nothing? Gives the exact opposite impression.
Doing those two things moves the stock over 5 cents. It amazes me the sheer incompetence that penny stock companies exhibit when it comes to their share structure. Besides whatever product they are selling, their SS structure is their most valuable resource. It should be treated as such. I have many more ideas but those are just two that could get things rolling here.
(0)
(0)