There Needs To Be New Blood HereI dont know the companys history all that well but if it hasnt enlisted brokerage houses to any real extent and as much as i would tend to want companies to avoid them there isnt enough eyes or interest on this stock from which it can benefit by through higher volumes. But there are trade offs to all this people always want fast money and constantly cheap private placements. So on the one hand you get brokers promoting your stock but on the other you have a lot of people who dump fast.
So far the company has done non brokered pp feeling they have enough reliable reach not to pay extra fees but if the equity has become saturated at retail as understandably people can only buy so much and the partners are not reliable you need to grow the share base to get things moving and often times volume is the key. Because for the most part these are tightly held the stock isnt really trading well and with those who strategically manipulated it down they were able to because there is never strong volumes to push the values back up. If stocks dont trade 100k plus each day thr volume is low on 118 or so million shares.
People get alerted to companies in heavy trade volumes it happened when nxo traded heavy volumes someone said he was alerted due to that. This stock will constantly be manipulated by those who have their agenda to gun for picking at the bones. My saying do a raise at .15 does not guarantee it will successfully fill anymore than the one at .23.
The company will need to make some key strategic moves which again will be one of considering a double edged sword. If they had the proper and reliable support that is one thing it is entirely another when they dont and there are 0 guarantees as to raises filling with the current shareholder base regardless of where things are priced.
I would get some houses involved if they havent been done so at this time but i would look for those who will look a little longer term looking to support and grow a business.
Lets also see if there will be a debt for share settlement with the firm axe took the loan from there likely should be given if that firm's condition on defaults of payments can end up costing its ip. I think this is something nobody would like. Yoi would think if there is that type of agreement and the partners seek to benefit from the tech they would help out unlrss it is one that is arranged by the partners has some sort of ties and workings with them?
Regardless, the company needs new blood howevrr they go about getting it. Nevertheless i did say they must remain patient assess things fully and despite literally having their backs against the wall not overacting out of desperation and fully weigh the pros and cons of all options and picking as i said the best of the poison. By the looks of it the company is trying hard to keep the share count down in every way possible and keep strong share value but they may need to break some proverbial egss as things are not always avoidable. So far given where things are the share price is doing quite well but even so where is the push back and with large amounts of volume...that is the signal for any possible rise in value despite the bump that is here.
I am hoping .15 will be bottom tons of volume and indicative of where if a raise is done there the shares will be absorbed and the equity for the most part trades around that at .17/.18 until more stronger and positive news comes starting with successfully closing the raise so the money issue can be put to rest for awhile, some milestone payments are finally in and a debt for share settlenent is successful this will help on the monetary front and can finance cleanly the retooling which needs to successfully hit its mark on the second round or that will continue to put strain on the company.
When these things all align things should get into the upswing. I think it is a matter of time and why i am still looking to possibly buy some more shares because i see a hard fought success but i will limit my full holding to 10k not only here but most likely other places unless i get more shares within 1000 to 1500 principle. I am nearly at 3000 principle here i want to use one third to half that amount in my max amounts of holdings in companies following takung gains and losses faster like i said this is the last company i will ignore taking some profit when i had the opportunities. I will also likely avoid averaging out as much as i did here unless i took monies out. I dont want to keep injecting outside monies no matter how good stocks look so after i build what i need to i will look to ideally use only what is already invested but that is a goal.
I expect all the finacing of up to 3 million resolved this year as well as the retooling successfully done and the heat back on regardless of where the sp is. I strongly feel all this can be done even if it all falls into play in December. I dont see the retooling done as i said until November earliest but i hope it doesnt go beyond December although who knows for sure so again i am going to give leeway with my outside time first quarter next year. Quite honestly i am holding for no less than $2/share so in some sense it doesnt matter but things should br good to go no later than first quarter next year latest as far as where i am willing to expand out with a strong preference of no later than this year regardless of it being October November December this is really anyones guess but i dont think it will be earlier than November especially if there are any further complications...hopefully second time is the charm. This underscores the huge importance of having enough capital if things dont work it drains both time and money.
In any case i strongly believe as i said if the company hasnt really engaged brokerage houses for new blood i would to possibly get enough capital to get the darn workover done pay the debts and push this further to the proverbial goal line with the second phase heating hopefully going in our favor without any complications but even there who knows what type of damage will happen so still lots of risks in that way.