Hi Prestonian, great post.However you cant over emphasize the...

Hi Prestonian, great post.

However you cant over emphasize the importants of 2 points you made. The market cap and the amount of shares on issue between those 2 dates.

Too many investors look at the SP alone and say, well she was previously at 15.5c, so she can get back there again.

This fails to take into account that now 15.5c equates to a MC of $22.5m. And the earning required to justify a SP of that is a long long way away. Add in that by the time we have earnings, we will have raised a lot more cash and issued a lot more stock to get us there. So the MC will be even higher at 15.5c by then.

Interesting stock this one, lots of ticks but its not there yet for me.

The day traders have had a ball with it this week.

Hope not to many here got sucked into buying more...as I think we will return to the low again soon if there is not a company making announcement from management soon.

Kiril.