tradingjeff - I generally agree with what you posted below:
"You bring up valid points but, I have to think there is a certain amount of anticipation and/or estimation of future business, as well. There is no "wild guessing" involved. The powers that be, notably Bill, are aware of the industry and what they can expect in terms of business."
however - if this is the case - why does the company refuse and ignore any question about revenues...? if they are going to address on CC on the 28th - why cant they simply state they will update shareholders on future revenue streams, guidance, etc then? i have seen them repeatedly ignore these questions on Twitter. still havent gotten an update on what time the CC will be or an agenda (certainly doesnt need to be a detailed agenda - just bullet points so that investors can pre ask questions that they will be prepared to answer).
i realize there is a lot of "buzz" on the latest round of tweets and pics but none of this addresses cash flow and the ability to execute WITHOUT further dilution. per last 10Q - they have little cash. therefore, without revenues, they need to borrow money, get grant money, or sell stock (dilute) to keep operations going. where is it coming from? ExIM? China? original Hong Kong loan that was going to tie in acquisition targets late 2015/early 2016?
when investors have no clear understanding of revenues and the company has no cash to operate - that puts the entire business structure/financials in question due to the dilution monster. back in late 14/early 15 the business plan called for revenues to start end of 2015 and several million in revenues for 1st 12 months? why will the company not address how the revenue stream has changed (for better or worse)? why will they not simply say they will address the "new" stream on the CC as a summary to the 90 day reconstruction phase?
this isnt a matter of "patience." seems many are now pushing all major revenue streams into 2017. how are they going to pay for the remainder of 2016 without revenues starting in earnest until 2017? again - not about patience for the business but trying to fairly value company in the meantime.
from a purely cynical standpoint - it isnt hard to take pictures of someone else rolling out a production facility. all of the ambiguity provides plenty of fodder for bashers and market makers to short the hell out of this in the meantime and drive down shareholder value with existing convertible debt/compensation which is applied at a discount to the market. 10.3 of 11.4 MM shares that were traded on Friday were shorted. if one looks at the FINRA #s the last 2-3 weeks - they will notice a pattern of shorting and what appears to be covering on the way down. when the company offers nothing concrete - it emboldens the shorting especially when longs have been tapped out.
"You bring up valid points but, I have to think there is a certain amount of anticipation and/or estimation of future business, as well. There is no "wild guessing" involved. The powers that be, notably Bill, are aware of the industry and what they can expect in terms of business."
however - if this is the case - why does the company refuse and ignore any question about revenues...? if they are going to address on CC on the 28th - why cant they simply state they will update shareholders on future revenue streams, guidance, etc then? i have seen them repeatedly ignore these questions on Twitter. still havent gotten an update on what time the CC will be or an agenda (certainly doesnt need to be a detailed agenda - just bullet points so that investors can pre ask questions that they will be prepared to answer).
i realize there is a lot of "buzz" on the latest round of tweets and pics but none of this addresses cash flow and the ability to execute WITHOUT further dilution. per last 10Q - they have little cash. therefore, without revenues, they need to borrow money, get grant money, or sell stock (dilute) to keep operations going. where is it coming from? ExIM? China? original Hong Kong loan that was going to tie in acquisition targets late 2015/early 2016?
when investors have no clear understanding of revenues and the company has no cash to operate - that puts the entire business structure/financials in question due to the dilution monster. back in late 14/early 15 the business plan called for revenues to start end of 2015 and several million in revenues for 1st 12 months? why will the company not address how the revenue stream has changed (for better or worse)? why will they not simply say they will address the "new" stream on the CC as a summary to the 90 day reconstruction phase?
this isnt a matter of "patience." seems many are now pushing all major revenue streams into 2017. how are they going to pay for the remainder of 2016 without revenues starting in earnest until 2017? again - not about patience for the business but trying to fairly value company in the meantime.
from a purely cynical standpoint - it isnt hard to take pictures of someone else rolling out a production facility. all of the ambiguity provides plenty of fodder for bashers and market makers to short the hell out of this in the meantime and drive down shareholder value with existing convertible debt/compensation which is applied at a discount to the market. 10.3 of 11.4 MM shares that were traded on Friday were shorted. if one looks at the FINRA #s the last 2-3 weeks - they will notice a pattern of shorting and what appears to be covering on the way down. when the company offers nothing concrete - it emboldens the shorting especially when longs have been tapped out.
4
