Our analyst felt the same and advised buy on weakness. We did hear that Northland Capital after being fired, publicly disclosed on the call that the company had recently retained Roth Capital, has been a seller of large size for at least one large institutional client in the last two trading days possibly raising funds for a new deal they are leading. I thought it may be them exercising the green shoe from the financing but it appears otherwise. Explains their notable presence on the offer both yesterday and today. We were very pleased to see Bob engage Roth Capital, a much more respected firm. This positions the company much better going forward. I'm hopeful the company is working with David Enzer who heads their technology financings and M&A's in the software, communications, digital media and convergence sectors. He's a very sharp guy who knows the space well.
yeah, if they can't sell the patents and we get another round, it's probably at .50 -.55 which will amount to a chunk of shares...also concerned about the backlog...if they manage 15% seq growth this coming q, i don't think the one after will be good - unless something big happens between now and then...they keep adding tons of customers - and the revenues are for peanuts
you just wont admit that the ip is a dead weight and the investors/traders who were hoping for good news on that front got nothing. the drop in shareprice is the result of the party coming to a lull. until good news, we will sit at 3/4 of a buc. but dont worry, we are still in your 3 to 5 year time line...............................
i cant believe ya didnt already know that they would at some time need more money. this is just like an upstart company. pray they sell geo for more then 3.5 million.
Look at the excuses coming out now farmer, warn. You and Juice called it right. People bailing out. Stock is dead money for 3-5 years. More DILUTION coming folks. Told ya. Didn't listen. What do ya say to that pumpers? Where's the increase in price?
If that is indeed the scenario, I am afraid you won't have a choice but to "Suck it up"!! A Mike Tyson like uppercut is imminent in these woods. I suggest to get a respirator on hand and be prepared to take the body blow.