I just had to write something as I keep checking for new posts , with some my negative comments and while justified at times for the rest of us we need to keep the faith because for any of us to get our money back or make a profit this is going to be a long road . I list some things for us to discuss
1. I see we will needed our money in for at least 18 months to get any worth while gains
2. Cap raising yes , am I willing to pay for more cheap shares and watch the company get more dilution , yes i am for the following reason
If Mr Thomas as mentioned has invested 200k-300k and has assembled the best minds in asmtha then they personally have a vested interest their reputations and there pockets as who likes to employ losers .
The company has mentioned they are working on other apps not just this one their patient covers sound , anything to do with sound measuring from a health breathing angle will have leverage with this technology . The say around 20 different apps and agreements with other companies to licence this technology .
If you own around 1,000,000 shares which most of us do then to build a billion dollar company from a 9.5 million company by 2016 is a real possibility and would mean our current share price would have to be worth 25 cents -40 cents each .
revenue up take of 1-2 million users means 100 million revenue Annually , possible takeover , let's not forget multimillion dollar companies are already in asmtha industry to protect there market share wouldn't you take out a future player .
I think this is what they are doing , I feel there goal is to force a big player to take a stake in the company or takeover by the end of next year , the reason is the board look at there skills .. What are your thoughts ?
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