RE:RE:Three thingsI agree with freedom . The shares out have nothing to do with it. I Kniw a dozen x 2 companies that have way more share outstanding than us and the sp climbs based on fundamental. Also, to add that Allen and Pinetree are not at all about your point 2 because that only hurts them even more and together they own 60% plus of this stock.
If Allen got an offer for a buy out today that makes sense, I bet he would take it in a heartbeat in my opinion of course.
freedom45 wrote: Disagree with point two, but stock is still impacted by previous pinetree owners Financial distress imo. I strongly believe Sheldon would not have sold AAO and many other stocks off of he didn't run into into the vast financial headwinds he faced. Wouldn't surprise me if he was ba k invested as a private investor here. The venture is a mess and we r one major news release from freedom imo. Luv this stocks future.
fatcharlie wrote: Just my two cents -there are three primary reasons why this stock is held back:
- Venture stock that is under 10 cents a share -giant red flag. Unfortunately, we are lumped with micro-cap penny plays which are mostly mining crappy companies.
- Shares outstanding is huge, just too much paper which also raises red flags. If the company could buy back shares or do a share consolidation to reduce the paper.
- News announcements - the contract announcements are peanuts. I would like to see major contracts at least $500K and returning clients spending more which adds more value to the company.
There are a lot of positives here but unless we get noticed we will drift around 3 or 4 cents like a ship without a rudder. The selling looks like frustrated investors moving on.