OTCPK:NEPTF - Post by User
Post by
gwrbion Oct 08, 2008 9:04pm
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Post# 15515217
Who keeps selling at these levels?
Who keeps selling at these levels?
Finally some reasonable volume, and hard to believe there is so much selling in the $1 range. I would have thought this kind of volume would cause a 20% up-bounce, given the recent downdraft.
What excites me the most about NTB, is when they talk growth - they aren't just talking expanding to another province or even to the US - it is totally global. And given the nature of the product, and the litany of available distribution networks - it is very possible (and probable).
Further, notwithstanding the current $10M or so current capital commitment to expand their Laval facility, most of their future growth can be done off-balance sheet (via contract manufacturing and marketing) - which means very little cash required up front, and nothing but future annuities going forward.
The recent PR's have been very impressive - we just have to get out of this "banks all going bankrupt" market philosophy.
I am looking for $3-$4 (or higher) within 4-6 months.