RE:GrahamBYajne wrote: ...you're a RAT and you know it. Need all longs to know the same. Kindly FO, or you will be hounded with lots of detail forever, wherever you choose to post
Ouch.
Interesting, that I have only presented data that are directly coming from the financials of this company, and has resulted in such negative posts from the Longs on this board.
These financials, are being given by the directors of this company.
So your negative feelings, in turn, and logically, are misdirected.
Thanks for the advice, but I am now interested in this company, only with the intention of acquiring shares, if and only if, the story does pan out.
I have zero shares at present, and no intention of acquiring any untilo more data is available.
Otherwise, the company has negative working capital, no significant revenue to pay the current liabilities, and have stated that they are using approximately 80,000 a month.
Based on this, unless they are going to continue to raise debentures, it will either have to be debt or additional equity raises.
I am a long only independent investor, and really, shorting has huge risks even if there will be downward pressure.
To me, positive news could come out, such as new contracts, meaning that you would miss out on the run, but to anyone shorting, it poses the risk that just would not be worth it to me, especially since this technology has been around for years, and there is always the risk of someone else duplicating artificial intelligence, or 3D echo, or any other new technology.
If this really could grow to 100 million, there is plenty of room to run so missing out early is not a concern, but putting capital in with likely dilution, and the risks that the company has stated, it is not worth it.
So again thanks for the advice, but I could not really care if you post negative things about me, as I am just an evidence-based investor that has been successful, thinking for myself, and not believing the story, until I have hard facts. The harder people push against facts, to me, is a sign in and of itself. My posts are evidence based and stand on thier own.
There isn't any new data-so will return when we have more data. If I miss out-so be it and all the rewards that come to those who risk capital deserve it