I think they are doing two key maneuvers: (1)
Post# of 11107
Posted On: 10/06/2015 4:37:58 PM
I think they are doing two key maneuvers:
(1) They are taking the heat off the fins fire as I think they want to start on solid footing. To do so, they will need to put in lots of time and money to consolidate the books, audit all holdings and purge all liabilities. That was not going to happen by the end of this month. This sort of thing takes time and it takes money.
(2) They are saying that they clearly do not need to use the AS to fund operations since it is likely that this news will put downward pressure on the pps thus limiting their ability for funding using the shares. So, not planning any major dilution at this point.
To me, I think they are confident in their short term revenue streams and are looking for the long ball. They need the fins clean and audited in order to uplist and leave this mosh pit. So, they look like they are "hunkering down" and planning a push in the early part of next year.
My recommendation is to be prepared to take advantage of cheapies as impatient flippers decide to bail in the coming weeks. How long this trend will continue is beyond my expertise, but, suffice it to say, it might get a little bumpy in the next few months.
JMHO
(1) They are taking the heat off the fins fire as I think they want to start on solid footing. To do so, they will need to put in lots of time and money to consolidate the books, audit all holdings and purge all liabilities. That was not going to happen by the end of this month. This sort of thing takes time and it takes money.
(2) They are saying that they clearly do not need to use the AS to fund operations since it is likely that this news will put downward pressure on the pps thus limiting their ability for funding using the shares. So, not planning any major dilution at this point.
To me, I think they are confident in their short term revenue streams and are looking for the long ball. They need the fins clean and audited in order to uplist and leave this mosh pit. So, they look like they are "hunkering down" and planning a push in the early part of next year.
My recommendation is to be prepared to take advantage of cheapies as impatient flippers decide to bail in the coming weeks. How long this trend will continue is beyond my expertise, but, suffice it to say, it might get a little bumpy in the next few months.
JMHO
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