ADSU was just upgraded to a $2 price target by Everest Stock Market Research, add this one to your watch lists immediately we could see huge gains tomorrow morning. The last alert they put a price target on went up over 3000% same day!
The new financing is more about raising capital month to month to survive, not a traditional financing. This was what was represented on the conference call by the ceo due to the low stock price.
He appeared to hedge quite a bit when someone questioned about the convertible notes coming due in Dec, which are toxic. Was a big turnoff when the ceo gushed over the respect he had for one of those toxic financiers and their interest in furthering a relationship. Not knowing how to handle the question straight forward, he fumbled into an ad libbed explanation that this toxic lender was an ally. Big blunder imo
I thought that once again the C.C. went very well. We are seeing Q over Q improvements, 2 new product roll-outs, consumables up, and although Richard didn't flat out say the phase II funding was coming, he did in my view hint towards that likely-hood. He did somewhat dodge the convertible notes questions, but they have issued a release stating they would be paid in December, which they would not have done if that funding were not secured. The structure of that funding isn't available(from what I can tell) but it was also stated that it will be reasonable terms. Share structure has remained capped, revenue is moving in the right direction, new products are rolling out. Everything I look for in a small company. This is a NANO cap stock. For them to keep dilution from occurring, and to grow as they have is a VERY good sign about management, and their interest in shareholder value. Not sure what more you can expect from a company of this size. This will either be close to a 1000% return investment, or it will be 0. That is the risk/reward of these type's of companies. If you and others want out, then sell. Someone will buy your shares...maybe me?
Im not here to help the situation, we have a CEO & BOD's that are supposed to be doing that.
Im here voicing my opinions and ideas, the reason for these message boards and I dont expect anyone to buy or sell based upon what I post and if they do, so what. Message board posting isnt the problem here.