RE:RE:RE:Cash burn?nope i'm sitting and waiting for $1.00 plus a share and really need this company along with mkt do to extremely well. I have said i always shoot from the hip; regretfully and being fully honest here i did give up 10,000 shares out of the 26,000 i held to rebuy shares i gave up in both nxo and pat, more so nxo despite saying i would wait and see until the end of this month--i shouldn't have ever said i would do that and not have qualified it which i may or may not have forgot exactly if i did say that it would be contingnent on surrounding circumstances.
Believe me if i didn't see both pat and nxo shares going down i wouldn't have given up my 10,000 shares here. But this wasn't the only place i did so-i burnt through all of my other holdings even though that was never my intention--sold all 14,400 shares in hpq, sold all 15,000 shares in mrs, sold all 10,000 shares in nxt, sold 10,000 shares in mkt.
There are only 2 companies i am in truth holding as long as possible and those are pat and nxo. And while i really like this company i am looking to make a total of $30,000 in trading shares away. If i am lucky and blessed i will be able to hold something here as well as at over mkt which is still my intention to do so. So, the higher these go the better but as far as buying back i really can't given i will not be moving any of my pat and nxo shares which only really leaves me my 16,000 shares here and 16,000 mkt shares. I don't like to sell more to less so my mkt shares are at this time useless. The only way that i can buy back is to trade within which is how i started but i don't want to do that because i know the value of what i hold here and i have clearly stated no less than $1-$3. I wouldn't have given up my shares on literally a 10-1 basis to buy into both nxo and pat if i didn't think it is worth to do and that in truth was always my intention to protect those two companies ubber long term while doing whatever i needed to do so. Nevertheless, those companies like this one which i have found a new gain respect for I will be doing my best to hold what i can.
With all this being said i will make something perfectly clear as i did at nxo and people didn't like it, I am not loyal to companies and holding shares in that it is unrealistic for anyone to believe that people will not buy and sell at any given point that is just the way things are done, even management do this for various reasons so it is unrealistic to call people on it. Where i am loyal is to myself in trying to optimize my profits, however, i will not play games in bashing stocks to get in cheap. I never said anything of the like just presenting facts as to my experience. Where have I bashed this stock? I have said what will be needed and i will bet you--if you want to take it on as a friendly bet that you will likely see some more monies being infused regardless of any contracts being announced. How do i know. Easy experience the last of this type of stock was ltv. They in fact had a bought deal at .50 with warrants exercisable at .75 when i bought in. Guess what happened the share value slumped down because their books wasn't good but that too they had signed contracts and guess what came after another bought deal. I had told you who Patriot One did what it did as well as what happened to three other companies. You go ahead and be blind to things and accuse people whichever way you want maybe one day you will learn what juniors need to do to keep fully operating and advancing what they have. Do you think that a company's product just makes massive sales just like that especially a junior? It takes time for product to go through the broader commercial channel time which will also mean more monies will be needed as it does so.
In any case, let's see when the next cash infusion comes be it bought deal or private placement but as i stated quite some time i smell a bought deal coming and of the two that is the better one.
Here you go my full truth and disclosure. I may go back on my word and should not make things concrete without always qualfiying depending on my personal circumstances and conditions which i will have to be careful for but i will not come and "bash" or "pump" a stock without giving reasons as to my fair assessment of things. I will not come to scare people because i think that is just absolutely disgusting and predetory in fact i speak out against it very vocally and for me to try to do that will be a million times disgusting. But i am guilty of changing my mind and going back on what i had said and that bothers me alot. I could keep quiet but i had stated i shoot from the hip and here you go full disclosure. So no. I am not looking to get in cheap--i had said where i strongly believe these should be trading .30-.40 did i not???? Why would i say the opposite when i had given my honest assessment but obviously the market and those who you should be calling out not me have done what they have.
If you were not addressing me my apologise but if you were you have your truth!