One way to look at Friday's fins is to look at wha
Post# of 40989
After a very good run up in pps the 1st week of Sept, we closed at $.0092 on Fri Sept 8th. The week of 11th to 15th - prior to fins - saw a nice run to $.0123 for a 33.7% gain. Monday, the 18th (1st trading day after fins) saw an additional increase of 38.2% to close at $.0170. This meant for the 5 days prior to fins and 1 day after fins release saw a cumulative gain of $.0078 or 84.8%.
For many reasons - some known & some unknown - pps has taken a beating over the last several weeks. So, we closed last Friday (Dec 8th) at $.0053 which is/was a big drop from the $.0092 we had on Sep 8th. Applying the actual % growth we realized when last quarter fins were reported on the current pps gets us to $.0071 this Fri (the 15th) and then - with a similar increase that we saw on the first trading day after fins last Q could get us to $.0098 next Monday the 18th. Basic trending. But whats different this quarter. Are revenues the same or better? Reduction in shares? More sales/contracts signed? Debt paid? Closer to name change? More and bigger potential revenue drivers identified? (I think Dubai is new, but, its hard to keep up with SB) Something really, really big could happen here!
Truthfully, before the recent decline in pps, most expected the pps after record 4Q revenue to be much higher. I did! I misjudged the impact debt repayment would have because I didn't include the "profit taking" that started when the debt repayment started to have an impact. Realistically, there were a lot of shares bought at $.001 and in the trips. There was a lot of profit to be taken and people took it. Throw in some impact from the determined bunch of bashers and we had a trifecta driving the pps down. And our reported sales that had supported the steady growth in the pps were now challenged on several fronts. We had delays on several fronts. We had a decreasing pps!
But, we still had our business fundamentals and Steve and some rather exciting possibilities . Some potential contracts in the future cold easily be bigger that most of our sales in 2017 combined. But, big deals take more time than the little ones.
I'll close by saying I feel great about seeing an epic run between now and mid Feb that will serve as a great start for a fabulous 2018. We should get FINRA's blessing on the Hexagon name change soon after approval by CO SOS. That could launch an announcement of several deals - big & small - in the Hexagon name. We will see better fins than the 3Q fins that caused the pps to run high and fast. We may start to see the potential revenue impacts from new revenue streams in 2018. Later but in early 2018, we could see the huge news that Steve has promised. I've never suggested a pps "in dollars" but I did say I expected to see nickels. I still see nickels short term and that's nickels with an "s". Go ONCI