GREY:ABGPF - Post by User
Post by
east4weston Apr 12, 2016 9:36pm
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Post# 24759775
increased volume indicates promising test results
increased volume indicates promising test results
It was yet another strong volume day for AGC. I am encouraged by both the volume and price increases of which I am confident is a result of product testing. As indicated earlier, sample have been sent to all possible customers for their own internal testing and reviews. Naturally the names were not released do to confidentiality agreements. However shareholders were advised month ago of the plan to build and distribute the samples. If the tests are looking promising the company would alert their in-house finance team to take some type of position in AGC prior to a test result announcement. Keeping in mind that no position needs to be declared to AGC or the regulators if under 10% of the market float. .
I am confident that we will have an announcement on the test results and financing within the next few weeks. In the meantime, this is our last chance to accumulate shares at this price level.