I’ve been crazy busy between work and family, so
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Posted On: 08/08/2020 10:47:12 PM
I’ve been crazy busy between work and family, so I haven’t been able to post much. But I’m trying to keep up w everything nonetheless.
After ruminating on this latest 8k, I am having a really hard time with it.
If we are really so close to finally moving forward w revenues, possible funding, etc, why the hell is now the time to once again invite the foxes into the henhouse? Could we really not make it to these fabulous conference calls and all their earth-moving revelations without diluting the hell out of ourselves for very little working capital?
And, as TC said, why not give us a chance to buy some discounted shares instead or these short sellers? Allow the “valued shareholders“ the option to keep ourselves from being diluted while protecting the company and avoiding the sharks! If I were told what effect it would have, I would have bought $5-10k worth easily. It’s not like Joe was raising 10s of millions of dollars... $2MM up front? Good grief.
And what could we POSSIBLY do with a couple million bucks besides pay down debt and keep the doors open? The idea that this in itself will help generate revenue is highly suspect, IMO.
I just can’t square all this in my head. This appears to me to be a reach that signals rough waters beyond the upcoming calls, and it honestly makes me feel like we won’t be moving the train this year.
Maybe I’ll be pleasantly surprised, and the whispers in the dark about great things on the calls will be true. But, for me, the clock is in a final countdown now. If Joe doesn’t produce something before or during these calls, I’ll be reducing my holdings at the first reasonable opportunity.
After ruminating on this latest 8k, I am having a really hard time with it.
If we are really so close to finally moving forward w revenues, possible funding, etc, why the hell is now the time to once again invite the foxes into the henhouse? Could we really not make it to these fabulous conference calls and all their earth-moving revelations without diluting the hell out of ourselves for very little working capital?
And, as TC said, why not give us a chance to buy some discounted shares instead or these short sellers? Allow the “valued shareholders“ the option to keep ourselves from being diluted while protecting the company and avoiding the sharks! If I were told what effect it would have, I would have bought $5-10k worth easily. It’s not like Joe was raising 10s of millions of dollars... $2MM up front? Good grief.
And what could we POSSIBLY do with a couple million bucks besides pay down debt and keep the doors open? The idea that this in itself will help generate revenue is highly suspect, IMO.
I just can’t square all this in my head. This appears to me to be a reach that signals rough waters beyond the upcoming calls, and it honestly makes me feel like we won’t be moving the train this year.
Maybe I’ll be pleasantly surprised, and the whispers in the dark about great things on the calls will be true. But, for me, the clock is in a final countdown now. If Joe doesn’t produce something before or during these calls, I’ll be reducing my holdings at the first reasonable opportunity.
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