RE:RE:RE:RE:Timing is everything!Oh Jake
While I appreciate your previious post .Dont be so naive - a sale would be put in the "+" column of the balance sheet. correct???
Go look at the "+" columns in their financial statements.
None if any were purchased. China gave them money once for manufacturing some units but that is about it.
It is completely NORMAL for comapanies such as VPT to provide DEMO units for use. I am not bashing the company for that - that is what they NEED to do. My problem is the ambiguity of the CEO in not stating it. (and alll the other BS he spews)
I will not agree the stock is cheap, but will agree it currently has a low market cap (two different things). Losing all your money is just that losing all your money -wheather cheep or expensive.
Again, bankruptcy occured - ask yourself why. AND if such sunny skies ahead why only 500,000 raised after.Not exactly a ringing endorsement from financilal institutions (which never even touched this dog, all private funds - i think).
If it does not go bankrupt then huge dilution of the way - I bet they are down to 200k if that.
Tech too old. BTW to the other poster if Phillips offered 20 cents a share (which they never will) it would be up to shareholders to vote on it. - my point is if this is such disruptive tech then the like of phillips is not going to pay 100 mill later when they can get it for a song today
Jakemastero wrote: Install means sold . Like I mentioned it's not charity . When you get wife installed through bell I am sure they don't come to your house and install the modem for free. There is a modem cost plus the usage fees.