RE:Happy New Year shareholders - Happy New Years to you aswell la Wango!
at the end of the day no valuation will be accurate without interest and speculation. We all got in this play early and took a "gamble" on management. Q4 is the game changer as if it is a positive EPS we will start to get rewarded.
I have a lot of faith in the board and management team, Macy is a excellent leader who
is not a penny stock promoter. I like his style of letting the company speak for itself. All the fundamentals are tracked through platforms, TD as I posted was updated 15 days past the Q3 results. So if Q4 is positive the platforms information will begin to bring people to PYD based on a cost per share evaluation.
i am hopeful PYD has some new expansion with the 3.5 million in the short term and we have now started Q1 2016 with the additional lucky star machines.
I know now this will upset a lot of people but I would rather the company do a share consolidation now before Q4. As we are currently trading at a market cap of our expected ebitda and the downside is minimal providing a lack of failure to the business plan.
this would enable the stock to be more controlled, the shareholders wouldn't lose as the stock will maintain the same market cap and with Q4 numbers climb higher. If the stock were to 10-1 for instance we would only have 35 million shares outstanding and a share price of .50.
for the company to grow and succeed in Canadian markets we need to get on the TSX and off the venture, with out price and shares outstanding this is unrealistic. But for a 10-1 now we could easily climb over a dollar, this with positive EPS we would be well positioned as a dividend payer in the years to come.
i know a lot will rip this apart without taking everything into consideration. Ask yourself this, would it not be good to consolidate with a brighter future today before our climb on results vs trying to clean up our share structure when interest is finally coming to our name and scaring holders away? It doesn't necessarily have to happen but it most likely will eventually. At .045 lets just get it done now. Plus EPS of .1 looks a lot better then.01
happy new year and good luck to all longs