RE:RE:RE:New UpdateI hope so but the company will need a financing to move the retooling forward. After watching the interview LA shared it is near impossible that we will not see a financing and my best guess is around the .15 range for $2 million or a debt for shares with the backer who the company has the 747.k owing with payable this November. There is not very many good options here even if the company gets part of the milestone payment assuming a 1 million chunk. I think the company should have at least 1 million in hand after paying out the debt and the full workover which has probably added costs due to the need to retool.
This is frustrating but part and parcel of the growing pain. I will extend out my time frame and in the near term look at a lesser share value achievement so for instance I wanted 10 plus next year still do but if it hits $2 to $5 whatever oh well. Having said this looking 3 more years thereafter I will be expecting $40 plus. This year will clearly be a wash especially in light of the retooling complication in the workover. Let's see if this makes .50 or better.
Overall despite the set backs I remain bullish and still considering to add. it looks like I will have some more time to do so if I like. Whatever I do add I will look to sell at $2 or above. The rest I know what I want but it is all circumstantial and organic. Like I said worst case $2 best case handily over $10 with an absolute lowest expectation $25/share again 1 percent of 500 billion 200 million outstanding shares. The question is whether the company can hold it to 200 million or less when money flows in and can finance the R and D etc. Let's see where things go.