RE:RE:RE:$0.20 PPkidl2 wrote: They had more than enough working capital (some $2 Mil) for anything other than a highly capital intensive project.
Better be a good one to justify the 15% dilution 40% below the 52 week high.
Being a non-brokered PP, this should close fast with a NR hot on its heels to clue in the unwashed masses.
Have been watching this one for a while and looking to take a position... Interested in the body cams / security fields...
Personally I think the PP looks like a house getting in that will reciprocate with coverage. I am told that even the smaller investment firms like your Stone Castle's or Virtus don't put out analysis unless they have solid skin in the game. Skin in the game usually comes from a PP where they get some free stuff too, i.e. the warrants. Take a look at AcuityAds (v.at) and see what happened with their PP last year, then suddenly Virtus is covering and pumping then POP up 5X. I see POTENTIAL for something like that here.