destined for 30 plus, page-2

How many boxes have been ticked by CVI Oke?

1. The Board is transparent and have a strong history of increasing shareholder wealth.
2. Management don't simply hype their stock in press releases.
3. The company files reliable financial statements.
4. The company have conference calls individual investors can listen to.
5. The balance sheet has oodles of cash.
6. The CEO is tenured and is a joint founder who holds a substantial ownership stake in the business.
7. The Top 20 is very tightly held - upwards of 70% owned.
8. Boutique funds and banks are on board.

Not many speculatives have such a market cap as high as CVI without nearly all boxes ticked IMO. When you have a Board member stating very clearly in the public domain that they will be raising funds from insititutions at nearly double current market prices, most are left wondering whether the Board are pro rampers or not,a s a few have proven to be.

This is the reality and unfortunately they do hype their stock - works against them in today's markets IMO and quite frankly, the market does not believe them.