As the supposed "Time" gets closer there is a lot of spook material flying around, and unfortunately they are often quite valid.
Thats what happens in an absence of information.
Unless there is a big leg pull, the product is great.
The acedemia side of the project is floating on a very high cloud of success. The question is the business credentials. Unfortunately all involved are in a "can't lose situation financially" including our CEO. I would be a lot more at ease if their stakes showed some self funding instead of performance options. Yes I know there have been a few piddles in the pond from people, but compared to what they are collecting from the venture its nothing.
We have no idea what the cut is to TIS from the sales, but I bet its going to be a hell of a lot shy of what we are expecting. Mercer saying he expects a few hundred thousand by the end of the year, will not cover his salary and expences.
And why so small, if the sales agreement/arrangement is so good, and 40mil of product available, and people waiting to use it. It just doesn't make sence. There will definately be a capital raising in the send half, there has to be to fund the U.S. trial and the next production cycle. If the sp pumps up to 70cents by early August then they will offer at 55-60. If it stays at 50 it will be at 40.
And I agree that someones been selling, which concerns me. With such an impending announcement who would be selling, and over a mill has traded the past week. Its been dribbled on very carefully keeping the price stable.
I hope it hasn't been Orbital Capital, as he mysteriously resigned from the board earlier in the month so would not have to disclose sales if it was. Why would you resign at such an important time? To persue other interests, bull.
The only thing i'm sure of is the whole deal about defering the mark application etc,etc is not the whole truth. There is something else.
Yep i'm feeling spooked, and I hope in the future I can look back at this time and posts and laugh about it. I sure as hell arn't at the moment.
This whole lack of information is deplorable. Has the Mark board actually asked for the extra info, has it been delivered? Remember the announce was that the Mark board WOULD ask for more info, not HAD asked.
I don't like starting to feel like a bit of a mug, with my hard earned on the line, while others are doing junkets business class.
Where is the line of what you should tell your stock holders?
Someone please ridicule me for being unreasonably paranoid, and convince me why. I need it.
As the supposed "Time" gets closer there is a lot of spook...
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