A faction on the IV board seems to think the current financing is a problem and that a stock sale of some sort is in the works. Either on its own or in conjunction with a bond deal. I am not really in that camp as the cash cow is building quickly.
The only issue I have with a stock sale v bond is the current low share price. However If the money is spent wisely producing more income then these sales most always work out in the end.
My hope is that they do nothing for a couple months so that they can work from a position of strenght
every time I buy more of this it drops back a bit the next day! Unbelievable! Picked up another 10,000 @ .57 on Wednesday. Get ready with your wallets gents.....picking up another 10 today @ .55 if it gets taken....might see it drop to .54 or .53 right after I buy!
I'm starting to have nightmares that this turns out to be another DEJ type of play...sit on it for years and it goes no where. Jezus H Christo this company makes too much $$$..at some point the brokerage house would have to push their bigger clients our way (you'd think).