Primed I sort of agree except when you state "I feel that the participants involved are significant and the price is reflective of thier DD telling them that this play will be worth in excess of 5 cents in 12 months or less."
IMHO, they are speculating on the growth, just like we are. But the real reason the bank and capital company signed on is because of the QSSP II tax breaks they get for the next two years.
Sure the $3million gives SHH some temporary breathing room at everyones expense, as we have seen many times before, but that doesn't amount to good news. That's all I was saying.
To answer your question on my thoughts.....IMHO, no matter what names SHH announce for future deals, the SP will not move without solid large numbers attached to any contracts. Big names, Skull Candy, the Little Prince, etc. have been bandied about for a long time, not to mention Grammies, and all the other people they smoozed with previously. Business is a numbers game. Big name associate names have been long baked and even burnt into this name and current SP. I think it was three years ago Nic went to visit Apple and the other Silicon Valley stars. If they were interested, We would have been cashed out a few years back.
IMHO the way ahead requires two strong divisions, led by two strong leaders, one commercial hearing protection and one retail sales and licensing. Nic and his team still seem lost in creating such a basic strategy and flip-flop on what they are focusing on. It seems the Strategic Plan he outlined in his recent memo to us was a re-hash of what was done rather than what was planned and attained.
I only hope for the best for all of us, but the days of quick bumps in SP are long over in this market, espeically for companies that don't deliver on numbers. It's serious business and requires serious sensible strategic planning, which at Sonomax has ever only been flying by the seat of the pants from what I can see.