This IMO is being played and played well.
The company will get the funding that it needs with the 3B's bit by bit. They have even told us that they expect 1.5mill from options this quarter, that's 60 mill shares to be converted which will leave 400 mill outstanding, sorry about figures but am just approximating.
We will have a quiet last quarter IMO and even if good news comes thru it will be sold into. We may see another 60 mill get converted but most will remain unconverted. So beginning of the year we will have a company with approx. 2.6bill shares instead of 3 bill. Much better look for the MC and that is when the SP will run.
As I have said earlier this is just my gut feeling and not based on anything factual.
Just throwing ideas out there.
Either way I am holding firm for at least 12mths.
BSM Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
