RE:Nobody wants to discuss their fundraising efforts???REVENUE should increase Q over Q that will help sustain the company. It's in the company report, the analysts have said it and I believe it. We will find out next quarter if the new revenue model and partnerships are paying dividends. If so the stock will rise, if not we go to 5 cents and then they do another PP to raise cash or get another loan and the stock goes to 3 cents.
Based on current partnerships they have to be on to something. In addition, they have signed partnerships with SAMSUNG, PANASONIC, TOSHIBA, AND HOTEL OPERATOR.
They would have not signed these partnerships with multi billion dollar companies if they were not on to something. The Televison industry understands that their product is new, fresh and can create revenue or else they would have not signed these partnerships. We will have to wait until next Quarter or the following to see if this re-orgainization is working and revenues are increasing.
As of now they may only have 1-3 Quarters worth of cash flow,( in your own opinion) however debt is decreasing and on schedule to be paid back within 15 months. They didn't have to repay 1.75million back last quarter, it was not due but the company decided to pay it down and also renegotiate the remaining debt balance so it could be paid back in 15 months.
Only the market knows what will happen next.......if things work out this wil go to 25-30 cents, if not it will go to 4-5 cents the reward is far greater than the risk at this point. lose 50% of investment or get an increase by 400-500% at these levels.
Make your own decision and buy in if you feel like, I won 500k shares and am hoping to make a healthy profit and also staying patients for the next 2-3 Quarters.
Kalvin
GLTA IMO