RE:WELL, WELL, WELL....Financing, NO SURPRISE!!!Here my post of Feb 20th...
Of coarse I heard statements from CEO from 6 months or so ago...Really and one has to continue to rely on those long past statements. In these speculative plays , financial situations change quickly on a monthly if not daily basis and for one to accept his statements from 6 months ago and rely on them, is not very wise. To often CEO say things and later do the exact opposite months later. DO still expect a funding of some kind eventually, even though he has specifically said "NO EQUITY FINANCE"...whether its dilutive with a brokered placement later down the road or more likely it being a DEBT FINANCING instead, with share converse option...if not today, do feel it happening within next 90 days. This , still will end in dilution of some kind down the road. My intention is not to bash CEO, only to be on guard and prepare for the unexpected potential financing of some kind in the near future. I do truely believe in this company, and its potential, and this delay will cause price volatility and do feel at some point that the stock price will hit .80 cents or more later in this production cycle. In the meantime, I do hold much of the warrants, and do plan on getting back in with the common shares slowing between .25 and 30 cents ....considering we wont hear any further news from this company for a while...Im a short term trader, not a long term holder. Will move in and out quickly depending on news, events and changes in fundamentals or based on statements made by the CEO. Good luck,
And hetre we are...everyone was saying:
Arts, a great man
Art, does not ly
Art is doing what he says
Art is Professional
Art is a great CEO
Art cares of shareholders
Art is honest, wise and will not ly to us...
Art doesnt take a salary?
Art has a great history and past performance
Art is doing everything in his power
Art is fantastic and deserves respect...by all shareholders...
Art will never hurt us shareholders...
Art is our hero...
Art will make us rich....and hes not in it for himself
Bull, Art our CEO is not very professional, he is wishey washey...needs better communication skills and he has lied and is not to be trusted, period....No CEO needs his followers to praise him like Posters on this board do...unbelievable ...were are here as investors in a company that we believe in on its own merits and performance and expect value for our return on investment...I trust no CEO...Sent email to Art asking why he lied to us in not needing a financing...and now has arranged this dilutive financing...while we have all this cash now coming in...Asked ART to resign...we need a better leader ...JMO