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16:59
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Originally posted by Voiceover:
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I am long the company, soon to be holding 4 years. Today was the announcement everyone has been anticipating and waiting on, even the market. It now legitimizes the company for those who were skeptical. The volume came, but for the share price not to even close 1 cent higher is disappointing. My question now is what will it take to move the stock and keep it up? This was major news and who knows what other opportunities will come because of it. The 2 main things I see holding the company back are its over 8 million in debt and high staff costs, which I can see with all the employees they have company wide. The large debt is still structured ok, but it seems that it cannot be paid down. Contributing 75,000 a year towards that will accomplish nothing and more is added annually. Dilution has also been a factor the last nearly 4 years, especially last 2 and still more to come. I would appreciate any other's input. All, in my opinion.
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dilution is actually not too bad. seen much much worse.
