I don't expect the company to disappoint Hopeful. I was just pointing out what I think will happen to the share price IF it does disappoint. We're all banking on KTCC eventually making good on its 1+1=4 prediction. Hopefully this will be the quarter we begin to see evidence of that happening. The rise in share price over the last 3 months suggests somebody thinks it will be. I myself have no clue.
Stock price is up 30% in 3 months so let's hope that is because somebody with knowledge is confident earnings will be good. If not, we probably gap down to $8 Wednesday morning. I personally don't have a clue.
I unignored you for this? And seriously, you calling my posts "dumb" is freakin' hilarious! Thanks for the chuckle.
I like the odds of RB4 success and a resulting higher share price, but I am by no means certain it will happen. I've invested all I can afford to lose at this point.
It is rather curious. So many will tell you they KNOW beyond the shadow of a doubt that MCZ will be a 5 or 10 bagger in less than a year, yet unwilling to pay .4352 a share for it. If I had their conviction I'd be putting every cent I had into the stock all the way up to a $1 or higher!
So you think the CEO is 'shysty' enough to give "a big chunk of the company" away to whomever, but not shysty enough to do the same thing twice? Is that an example of cognitive dissonance?
I disagree that it is meaningless. A better than expected 4q15 will enhance MCZ's capacity to capitalize on the RB4 opportunity before it and should move the stock accordingly. A worse than expected number will have the opposite effect, although arguable of less magnitude since everybody is betting on the come now.
As Fab pointed out to me earlier, DR remarked that MCZ would not finish the year profitable on an "operating basis". MCZ is currently positive $652k (on an operating basis) for fy15 which implies at least an operating loss of equal size during 4q15. Figuring a $900k net loss for the 4th quarter gives a $1,700k loss for the full fiscal year.
Good grief! Where in the above paragraph do I say I sold? I hold 600k+ shares of MCZ stock. I'm just not going to bother reading this board anymore.
Tried to post the link but Yahoo ate it. Search "2015-04-17-between-a-rock-band-and-a-guitar-place" and it should pop up.
Gotcha! The "return to operating profitability" phrase is the kicker. So...they raise $3.3M net selling stock, and then lose $1M of it that same quarter. That leaves $2.3M for "RB4 raw materials" et cetera, assuming no further loses in 1q16 and 2q16. That's a fairly bleak scenario.
" They can't do much more this year." Not sure how you calculated this statement. They can do at least as much as they've already done without any shareholder approval.
"the aggregate market value of securities sold by or on behalf of the registrant pursuant to this Instruction I.B.6. during the period of 12 calendar months immediately prior to, and including, the sale is no more than one-third of the aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant"
Current market cap is $25M. I'm not sure what formula is used to compute aggregate market value for offerings made at different times, but a simplistic formula would use current market cap divided by 3, or $8.3M. $8.3M - $3.7M = $4.6M. How many shares is that at 30 cents per share? 15 million!
Obsess much franky? Shouldn't you and your alter ego A4 be out cruisin' for size somewhere? You're on ignore from here on out. You add absolutely nothing to the conversation. In fact, your simpleminded POV actually detracts from any meaningful exchange.