You're beating a dead horse with that issue. We're in good shape all the way around, poised for the return to previous levels. Here is a PM I sent earlier today, may as well share it.
It's really not like that. This guy didn't initially invest in the traditional way that you or I would. While I'm not an expert in this area, from what I do understand, his cash was "private financing" and not all of which was ever intended to be a long term investment in the company. Depending on the terms, he could make a considerable profit from the conversion of his notes to common shares. Depending on the series and such. The shares he was just issued December 31 are Series C Preferred. His status limits him to selling a maximum of 1% of his shares in any 90 day period. The Meadows liquidation sale is over. Also, for anyone to accept this class of stock and the attached limitations in exchange for cash or services tells me that they do believe that the company has excellent long term upside potential. Next, you have to consider something I've stated over and over. Just yesterday I at least partially said it again. Roy meadows selling his shares, in and of itself, would not have created such a decline in pps without all of the other circumstances coming together the way they did. The slander attacks made by so many, and they weren't even out of the same camp, were mostly responsible. The delays to key milestones which resulted in an extension to the period of 'alternative reporting" status, the subsequent delay of bigger investors coming to the party (probably the single greatest cause) and a ding to the quarterly numbers resulting from the Canadian delay. When you go back and couple the lack of "proof" or validation of the investment for those who must have it to justify the investment, and the vicious slander attacks by competitors, capitalist goons and good old blood sucking day traders in on the attack for whatever they can get, well I think you just can't really be surprised at the results. Most of us knew what was going on but expected the achievement of those milestones to intervene several months before they apparently will, and Roy Meadows didn't just "dump" his shares or I promise you we would've seen the stock back under a penny practically overnight. To sum it up, we're sitting better than we've ever been as we await the latest and greatest announcements. Of course it would have been nice to have a crystal ball and hold off on the bulk of our stock purchasing until now, but if we had such a device we'd already be rich! LOL My guess is we're looking at a healthy share structure for a start up, and they are making great strides with the expansion of the distribution footprint. All of a sudden will come some international distribution arrangements on top of that and we'll be on our way.
It's really not like that. This guy didn't initially invest in the traditional way that you or I would. While I'm not an expert in this area, from what I do understand, his cash was "private financing" and not all of which was ever intended to be a long term investment in the company. Depending on the terms, he could make a considerable profit from the conversion of his notes to common shares. Depending on the series and such. The shares he was just issued December 31 are Series C Preferred. His status limits him to selling a maximum of 1% of his shares in any 90 day period. The Meadows liquidation sale is over. Also, for anyone to accept this class of stock and the attached limitations in exchange for cash or services tells me that they do believe that the company has excellent long term upside potential. Next, you have to consider something I've stated over and over. Just yesterday I at least partially said it again. Roy meadows selling his shares, in and of itself, would not have created such a decline in pps without all of the other circumstances coming together the way they did. The slander attacks made by so many, and they weren't even out of the same camp, were mostly responsible. The delays to key milestones which resulted in an extension to the period of 'alternative reporting" status, the subsequent delay of bigger investors coming to the party (probably the single greatest cause) and a ding to the quarterly numbers resulting from the Canadian delay. When you go back and couple the lack of "proof" or validation of the investment for those who must have it to justify the investment, and the vicious slander attacks by competitors, capitalist goons and good old blood sucking day traders in on the attack for whatever they can get, well I think you just can't really be surprised at the results. Most of us knew what was going on but expected the achievement of those milestones to intervene several months before they apparently will, and Roy Meadows didn't just "dump" his shares or I promise you we would've seen the stock back under a penny practically overnight. To sum it up, we're sitting better than we've ever been as we await the latest and greatest announcements. Of course it would have been nice to have a crystal ball and hold off on the bulk of our stock purchasing until now, but if we had such a device we'd already be rich! LOL My guess is we're looking at a healthy share structure for a start up, and they are making great strides with the expansion of the distribution footprint. All of a sudden will come some international distribution arrangements on top of that and we'll be on our way.
