OTCPK:DRWIQ - Post by User
Comment by
bailey2on Aug 06, 2016 8:53am
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Post# 25116406
RE:RE:Not Quite Done Yet
RE:RE:Not Quite Done YetSo the float will be around 10 or 11 million shares total when all warrants are exercised. Still very low. They are not in a position to raise money at elevated prices. They have to grease palms and make the big boys money. Look at the trading in the past month. How can a company with hardly any float trade such big volume per day? They need money to survive presently and their breakeven revenue figure per quarter is 21 million. Allen compares the company presently to the company in 2007 . Let's hope he's right. But I fully understand the reason to be very skeptical. Hasn't been one contract reported for months. But I certainly have seen some companies once doing a reverse split and recapitalizing take off in price , with a little bit of luck. imho