OTCQX:SREMF - Post by User
Post by
MAGICLENSon May 07, 2001 3:12pm
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Post# 3707475
The dip has already occured
The dip has already occured
Cell-Loc is better positioned than last year, as now the technology is proven, and it has at least 12 months of financing guaranteed. It's existing partners are receptive to helping CLQ finance its operations.
CLQ traded at 5-6 bucks prior to the last financing when all we had was Michel's credit facility, even before when the technology was unproven and this was in a downward pessimistic market.
Now we have:
-neutral to positive investor sentiment in general for tech
-a bottom to tech market that ignores disappointing earnings
-proven simple technology, in the midst of beta tests for CLQ
-new, more experienced leadership in John Krypan and Jim Hill
-insiders not selling, and, in fact buying and holding including execs
-again, an unlimited potential, with CLQ being the undisputed market leader for networks in the midst of questionable GPS systems
-increased visibility with the Toronto Star
-an extremely cheap share price
-competitors like US Wireless trading at higher prices
Bottomline:
CLQ has no choice, BUT, to perform. Bankrupcy was a greater concern 8 months ago than today.