RE: RE: RE: tzero ... Unfortunately as a bag holder I too wonder why an IPO would not have been easy to sell. Again why is it taking so long to sell 040 and 020 ? How long will this spin out take and will it actually happen? Why is the market not happy with the numbers? The worst is reading the simplest chart that shows lower lows every day since the halt and what will stop it from bleeding all the way down to .45c I read every day here a buch of long term hopeful investors like me with too many shares to just dump and take the loss so the hope continues that there is still something up David's sleeve. Somehow the quote from the girl that answered the phone, during the halt. " Well we are happy with the news" says to me they knew the market would not be happy and they needed to try and put some kind of spin on what they were now forced to do that ultimatley has the market confused as to what exectly this spin out will in the end really look like. The other question is why do it at all if the market makers are telling them "your not ready yet to spin this out as an IPO. ?
Also that long list from David (on sedar) on coming from .08c to where we are today listing all the achievements and stating (paraphrase) " that if someone said we would go from ..08c to here we are today in a year I would not have thought it possible", tells me they believe they have already over achieved. If that's true then an expectation from them would be to have a smaller market cap then they have. The next comments after the spin out if it happens may be a 4 to 1 reverse split on the balance of the shares.
Based on Market reaction and chart activity it reads like downward pressure to the .40's and if there will be upside to Salmans $1.60 it might be at their 12 month out forecast after a reverse split.
I'm hoping that I'm really missing something because i really don't want to dump my 362,000 shares on the market and take the hit. the questions is will it be worth waiting 12 months or will I only lose more money.
This post should be good for at least 15 ignores although I don't understand when people post their thoughts to either get feedback on where one may be missing some key points or get confirmation that others see it the same way it's considered bashing. JMO