I like your post Simpol, especially the bit about 80cents.
My take is they will announce more deals in near future and soon the Broker houses that cover the specs will will put a highly speculative buy on this stock as the revenue is on the increase and the industry is massive with good old Cardia on the front line. This will also create some much needed churn on the stock and the parties sick of holding and Ye without patience will have their chance to bail.
As we get more contracts/business we will need more money to purchase more equipment for our half empty factory in China, but hey this is all good. Growth Baby Growth
More placement and Volpe would love to get some option conversion if possible by mid next year. But if the options are not in the money by then don't despair option holders because Volpe's track record on giving the options another life is second to none, why would Franky G's missus just recently buy more options? Small fee and you are away again.
If we get some conversion and the placement of course to raise more cash due to growth we will have well over bil on issue and then a 10-1 conversion but I would expect you will receive a free listed option for around every 3-5 shares you own because the Volpe man just loves those options and the Volpe man owns plenty of them and he will want to look after UNO man but we will just drag the coat tail and make some dollars as well.
That 80cents will well and truly be reached but we have had significant share appreciation anyway and as well by the default of conversion.
Option price strike much higher and with those bonus options its all good news.
Those that don't want to play the game should have the opportunity to bail with a nice profit from current price levels anyway.
I am looking at it this way, its now or never
Above of course is just pure speculation and my opinion and as always DYOR.
Add to My Watchlist
What is My Watchlist?