We were higher than this pretty much all of last year
The lull came after the last quarter when people I guess assumed we would need a capital raise and got spooked - plus maybe a little impatience kicking in for some stale holders
With the rebate coming and around a 250k negative cash burn q on q we have sufficient funds at this point and a cash raise I believe would be for something to do with great growth which would be a positive - if it’s needed at all
I still believe we will be looking to make money other ways from the IP already created within the company and partnering with another company for expansion into Asia for MobileDEN
Just mulling I know
But certainly fun to do at times on a sleeper which doesn’t even seem like a spec stock to me when you look at the health of the co in comparison to almost every other spec stock out there
Anyway, time will tell but I do believe we have hit a bottom of all bottoms and this year will signal a turning point for the company moving forward to bigger and better things
And I’m pretty sure the share price will hit a new high this year with what’s installed
GGL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
