The 10Q should be out in about 2 weeks, we should know the new outstanding and authorized share count at that time. There still aren't enough shares in the float to keep the pps under a nickel for too much longer with all the positives that AMIC has going for itself. Fortunately, officers and directors own a significant sum of some portion of the company. The fact that directors are willing to work for, and put their own money on the line, says a lot about how they feel concerning AMIC's future. It's been quiet and the upcoming 10Q could have a lot to do with how investors view AMIC's future near-term.
Hopefully, I can pick up a few shares next week before the quarterly release. After that, share price could be closer to $.10. MDLAND~
Moto, I agree with you. These guys are not puting their money out there in hopes of losing it! This is very telling to any investor about this company and the confidence of the insiders about where this company is going. Anyone who says different simply lacks common sense. You do not have to know about investing to figure out that these actions taken by insiders is a big positive.
I had a GTC order in Thursday and Friday right under that .0352 but it did not fill of course. My CA would be down into low .05 but I am not complaining if this stock wants to work through .045 and upwards. I am just trying to catch some individual who unfortunately made a market order to sell. I think that probably drove the stock down late this week.
Record quarterly earnings!!!
I agree. JIm is as frustrated as any of the investors here and when his time comes, you can feel that the price will just explode. I know most of us here are underwater, but its time like this when we can average down and be prepared for profit taking.