Fri, Aug 22, 2014, 2:08 AM EDT - U.S. Markets open in 7 hrs 22 mins


% | $
Quotes you view appear here for quick access.

Augme Technologies, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • biggergrove biggergrove Sep 8, 2012 8:11 PM Flag

    Reassuring Conversation

    Ivan's optimism, enthusiasm, commitment and capability are well appreciated, and not unexpected for an officer of this company. I think, however what we are looking for and what the market is looking for is some solid evidence that the needed financing is being handled favorably for the company. And that that corner, that the game changing event that has been alluded to on several occasions, is around is within sight, and not a mirage.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Bigger, let me make a comment about your reply. You certainly have a valid point about the market waiting to see about the status of the financing. I think we all agree that that issue is hanging over the stock price right now. I spoke with another person in management this weekend as well. In my conversations with both people I was left with the impression that they were not worried about financing. Now that could be interpreted in more ways than one. Either they know something has been worked out and it is "shareholder friendly", or something has not yet been worked out but they are confident that it will be, and/or they believe that it really does not matter in the long run, or something has been worked out that is somewhat dilutive but in the long run it gets them to cash flow positive and they are not concerned about the near term impact on the stock price, or maybe even another interpretation or two is possible. All we can do is speculate. It is very possible that the rulings last week reversed what might have been a temporary negative impact of the Spero ruling on any ongoing discussions. Who knows. But I can say that the confidence exuded by both people I spoke with certainly does not indicate that they are concerned right now with raising money. Is it an issue for the market? Yes it is. But my impression is that management is focused on what will drive this company forward and is very confident in the direction they are heading. Even a couple of people on this board have intimated that whatever they have to do for financing, go ahead and get it over with so we can move forward. While financing may or may not temporarily impact the stock price, I believe they believe that good things are going to happen in the near to mid term that will get us past the issue.

0.0751-0.0029(-3.72%)Aug 21 3:40 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.