I think we are all more than ready to see a NWE hi
Post# of 22940
Posted On: 10/13/2016 2:15:33 PM
I think we are all more than ready to see a NWE hit the market. However, it's clear to me that the company is not ready to make that happen - yet.
Try to get an idea as to where the float is in relation to the outstanding shares. We're talking billions of shares here..It's going to take some serious effort on the company's part to produce the kind of NWE's we need to attract the type of 'deep-pockets' the stock needs in order to get this to move.
This is going to take some time as TPAC hasn't fully integrated into BTL's facility yet, the MRVB has only recently started generating significant revenue, and lastly we have EIA contracts that have begun to be or will be fulfilled this year.
Great companies were not built overnight.. I want to see a return on my investment as I do for each and every one of you - but I want to see it done on the company's own accord. Pressuring the company to buy back shares when the account balance of the MRVB is at around $120-130k or < $1,000,000 is not going to do much for the stock. In fact, it would be more detrimental to the progress the MRVB has made, as AFS traders would be left with less capital to swing trade CS1 stocks.
Going forward, while the price has returned to 'the trips' - I want to comment that we've maintained excellent bid support during this down-trend and I hope to be able to soon return back to buying shares, but I need the on-going concern statement eliminated first and that is going to take enough revenue to be made to surpass expenses. I believe the company is on the right track to make that happen with the help of EIA & the MRVB.
- in my opinion
SM
Try to get an idea as to where the float is in relation to the outstanding shares. We're talking billions of shares here..It's going to take some serious effort on the company's part to produce the kind of NWE's we need to attract the type of 'deep-pockets' the stock needs in order to get this to move.
This is going to take some time as TPAC hasn't fully integrated into BTL's facility yet, the MRVB has only recently started generating significant revenue, and lastly we have EIA contracts that have begun to be or will be fulfilled this year.
Great companies were not built overnight.. I want to see a return on my investment as I do for each and every one of you - but I want to see it done on the company's own accord. Pressuring the company to buy back shares when the account balance of the MRVB is at around $120-130k or < $1,000,000 is not going to do much for the stock. In fact, it would be more detrimental to the progress the MRVB has made, as AFS traders would be left with less capital to swing trade CS1 stocks.
Going forward, while the price has returned to 'the trips' - I want to comment that we've maintained excellent bid support during this down-trend and I hope to be able to soon return back to buying shares, but I need the on-going concern statement eliminated first and that is going to take enough revenue to be made to surpass expenses. I believe the company is on the right track to make that happen with the help of EIA & the MRVB.
- in my opinion
SM
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