There is 0 incentive For People Who Have Held long tern to do anything much beyond what we already have!!! We have sat on dead money for nearly 2 years coming July 27th will be 2 years. There is very little in ways of an actual business here warranting any returns on the shares as a publicly traded company. With negligable returns and no strong steps to see realized stronger earnings what incentive is there to keep buying here especially knowing this remains extremely risky and speculative? Personally speaking if i felt there was something worth putting more money here an incentive i would have put that which i have other places here but this has and remains dead money.
That said, after i sold to where i am to free up cash to make work for me to possibly buy more shares but at the very least hold what i have as i said and have been you still dont want dead money and waiting for the cows to come home. If people dont know where you have been they especially should not talk and on top of that they are best advised to leave personal comments and family out because if one crosses these lines in addressing me whether it is more or less polite or not i will punch you in the teeth with my response. I have held so called promising tech companies for 5 plus years all of which ended in utter failure. This will be 3 or so years holding this two of which have been wasted in inactivity despite realizing that the company is still doing a lot to try to get things going. As much as i despise dilution we can continue to wait or we move forward.
Now i cant take any benefit of any rights offering i simply dont have the funds and no i wont ask my Dad to spot me. I nake my own choices and need to manage what i have it doesnt involve anyone else. What i have in my portfolio is just as valuable as what everyone else has whether it is my portfolio valued at $3500 to someones $ 1 million i dont care if people want to say more money i am more important. If you are rude about this i will punch you in the teeth if not i will simply say as i am my $3500 worth is equivalent to your 1 million it is all i am able to put in and work with and while i know there are always risks i want to grow not lose money in light of that saying only risk what you are willing to lose.
In any case, this company can keep sitting and waiting for the cows to come home with its hands stretched out waiting for more government funding or consider a rights offfering despite yes the fair size dilution which no one really likes. We are losing both time and money. Money ok but time as well no! Now either this is worth sitting on or not? If there are going to be headaches with subsurface endeavors and you are getting 0 real help from those you are collaborating with you have to ask is it worth putting this degree of time and effort into it or are we better to move on things we are likely better able to handle that is not underground?
Now given i have talked about incentive i figured many people would be interested in a rights offering regardless of price. .15 was suggested only because at this point regardless of other potentials they too are speculative until derisked and clearly the so "called" market has these under a lousy .15. This pricing sad to say will not likely go anywhere on a long term basis even if with other potentials it jumps it will be pulled down until revenue is more or less locked. It is now all about the bottom line not about trying to get at it.
With it said like that Marwayne is the best hope of thar and the company needs to get to the end line it is only midway there. Even if they keep waiting for higher prices as i would ideally love the stock may temporarily rise but unless there is reason for it to hold value it is a near impossible task to see this above .15 a price it also couldnt hold bringing us back to government handouts and when they come.
The other issue is as i said if there are raises and dilution and things dont work and you need more money that will lead to a bad way and inevitably share consolidation so the pro to handouts is you avoid that scenario as much as you can but the con we will likely be waiting at the least years end and who knows they may come they may not the company will be burning cash and will then have to decide loans at incredible loaning rates or no which will be by immediate share dilution vs future to pay off the loans et .
Sadly this company is in a very weak financial position it is not well capitalized and has very bad choices so Geoff has to pick his poison and why i can see he is stressed out about all this.
In any case there are always pros and cons to every option but losing time and sitting on dead money is far from desirable to me however i can simply see this as i have been something to put away in the proverbial sock drawer and only revisit when there is something worth doing so ...forget about it and move on. It does anything bonus it doesnt ut is just there either wearable or ends up in the garbage all useless. I dont believe sitting around will change the outcome but sure trying to keep control of dilution is very important however if you are looking to constantly have others pay they will quickly end it.. meaning if the company strongly believes they have the problem solved far better to dilute and get it done to keep waiting which to me doesnt show full confidence. Either way if it doesnt pan out others are reluctant to endlessly throw money on science projects they rightly expect results and it is not only about money it is perhaps more so about time.
Ok whatever the company decides it does. Sorry i even brought this up. As for myself i had said this i will let people know on my buys and sells to keep my word and nothing else meaning i dont give a damn about those who say they couldnt care i will do my best to ignore those comments you guys mean equally nothing to me just saying.
I think i will file this under Natcore Qsolar Nexoptic TNG and all the rest that i heard it all cutting technology there will be glitches to be expected wasted 3 plus years and all went to 0...i dont see anything different here sad to say. This is not to slag companies efforts but to accept the hard truth that despite the desire and efforts the majority go under. Well i saw .07 off a .25 average what can you do if you go all in and if not you have to know when to take what you have left reposition rebuild but do so differently. Always an ongoing lesson you either learn or keep making the same mistakes.
Well putting out the best for this and for all of us time to simply file this away and decide next year what to do but i wouldnt hold my breath that anything will happen at Marwayne this year. We will be lucky to see the money by years end and i guess we will wait to see beyond then.