RE:RE:RE:RE:RE:RE:Watch & learn ...FadeTrain wrote: Don't listen to the Allen fanboys or the bullsh!t bashers, but if you took the time to read the financial statements and MDA, the writing was on the wall for this. Called this a few weeks ago of the possible risk of another pp before Q3 #s were released.
Great that Allen was able to get a premium over market price for this pp, but the fundamentals for this company are still scary. Not a surprise this stock didn't move with this news, it won't do so till there's more deal closures.
Everyone do your own DD, don't listen to these posters speaking blackout periods, African pipeline deals, desperate sellers, manipulators etc. Until you see it in form of an official press release, if you’re making your investment decisions on SH posts, you deserve every dollar you’ve lost thus far on this stock.
FadeTrain wrote: Nothing to fear...except possibly their liquidity situation. Let me see their q3 #s and how much money Allen has burned through first before deciding whether to load up more.
It’s funny reading posters here and seeing the emotional roller coaster you guys go through. A lot of you would be better off not following the price movements of this stock minute by minute.
SizzlinSteaks wrote: There is NOTHING to fear. Do not let them steal your shares.
Thanks fadewagon for your good advise. I wasn't sure if I was making the good move by getting in at .02. I think I've paid way too much and should have wait for sub 0,01. I will probably get rid of these tomorrow morning at 9:30.... With the Q3 report (page 24), they mentioned that the company has lost $689K for the nine months of 2015. That they had $286K in hands and $401K of receivable money (more then half from US government) still waiting to get in, to make it $686K in hands. According to page 24, they could be out of business in nine months and with a new PP of $1M, they could be out of business in 21 months now. Real scary for my 2 cents investment. In the Q3 report, it was also mentioned that they spend $155K in R&D for FoxTec (page 17) in the last nine months, wow! Almost 16% of a million bucks in nine months, over $15K per months.... Are they trying to dilapidated our money? When China or other visitors come here, AAO should improvised, don't you think? This way, they could draw 6 investors name out of a hat every month, for a nice $2,5K one week trip to Cuba. Let's not forget that after the end of September 30 (not in Q3 report), Marcon signed a new contract (Nov 18) with the US army, navy and aviation. Can the US government afford to pay us? With a third world country like that, isn't kinda scary? Will we get paid? Two cents is quite expansive regarding all of that. Don't you think?