RE:RE:Good buy here right now, as Ciao wrote: Red Cloud was engaged at the same rate of $5K/month and their services could have been terminated at any time with 30 days notice. They've been the market maker for 1.5 years. Both firms specialize in the mining / resource sector. Red Cloud has about 30 employees and Velocity has about 200 employees.
Let's see how Velocity performs as they will trade for their own account and if they believe in the story, could sell these to their retail clients
Ciao, please educate me. When we use the term market maker, to provide market stability and liquidity, what are we really taliking about and how is this achieved?
Do these firms provide IR services? Does anyone know if Redcloud is still on the payroll at $5K a month? If so do we need both at this time? As a company we are growing and gaining momentum, but do we need to be shelling out $10K for what services exactly?