RE:Some basic things to considerThis was a well written post John.
pointer wrote: One thing we can be pretty sure of is that this BioCloud business is not a fraud. The National Research Councl gave us help and money, not just once, but twice, and the second batch was a lot bigger. So we can hope the NRC isn't stupid, and we can be pretty sure they saw enough promise in BioCloud that they would give us more money.
Now the $2 million from the Ontario government, now that could be stupid money, no doubt. We all know how brain-dead politicians can be. But lets assume they aren't quite that stupid, and this money has come from someone with enough intelligence to realise the difference an airborne Covid detector could make.
So, what do we know with a reasonable amount of certainty?
OES is building BioCloud units, and they are being shipped to distributors.
We can be pretty sure Paul has sold, or given, units to some of their existing customers to try out.
We have the finances to ramp up production, at least to a respectable initial level.
KNR is asking OES to tool up a second plant so we can expand production capacity, and get to a higher level faster.
We have a respectable number of distributors, most importantly a very big one in the US with a lot of customers, and one overseas (that we know of)
And probably most important, Paul is the single biggest shareholder, and his reputation is on the line. Does anyone really think he would risk that by stringing us along with the recent series of tweets? I seriously doubt that, and rather I believe he is telegraphing what is coming. All we have to do is have faith in their ability to execute, sit back, and let them do their job.
The share gyrations are completely normal. Hard to take, of course, but not unusual by any stretch of the imagination. If I had sold my traders like I considered yesterday, I would have bought them back today and contributed to the volatility. If you don't think that posters here and on CEO, as well as around the country, aren't doing exactly that, then you shouldn't be playing around in the stock market.