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Noveko International Inc T.EKO



TSX:EKO - Post by User

Bullboard Posts
Comment by buylow4on Jan 06, 2010 4:59pm
265 Views
Post# 16646581

RE: RE: RE: RE: RE: someone wants out big time

RE: RE: RE: RE: RE: someone wants out big timeIt will take some time.....

Big money is entirely convinced as of yet.......company is trying to manage too many global segments which usually translates into high expenses and difficulty obtaining profitability.

The more contracts it obtains coupled with partnerships to limit operating expenditures, the better it's chances of obtaining profitability.  If it can do this.....you will see money pour in.

However, lately we haven't heard or seen much......despite all the rumors circulating.  This is leading to retail investors getting cold feet and bailing out.  The funds and Inst's are pretty much holding right now.....otherwise we'd see the differences show up on the disclosures.

As per management, it's still too early to tell.  In 2010, I'd be watching carefully for strategic distribution partnerships, outsourcing of production, spinning off of a business segment, and of course, additional contracts !!!

IMHO....I would think this to be the reason why a new Pres was elected....so that AB can get out there and make things happen on the sales side.

The company is still early in it's early stages of growth and has yet to make any profit......what they do over the course of this year will certainly provide us with a better outlook into future profitability.  If positive moves are made, big money will flow in.

We are already seeing a bit of that money starting to flow in now........give it some time, this company has got some very good potential.

BL4




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