That's what people said when it was a 1.00, then .50, then .23 then .09 then R/S when it ran to 4 something late last year. Get a life.
Just curious as to your thoughts now. This company and stock are like groundhog day over and over and over.
What orders has ZBB gained to lose to competitors. Your comments are the same comments we all believed for the last 4 years. Its a can't miss, they are right on the cusp, this and that. Their revenue is in a significant decline along with their orders. The only thing they do very well is raise money and dilute shareholders.
I think ZBB statements in their filings say it all on how the battery works. The lack of white pages and the lack of sales I would say give quite a bit of insight as well. Call Nidon and ask them how it's going.....better yet call Sunflower and see how that sale panned out ~~ Seriously, research sunflower and the ZBB transaction.
Perhaps you should ask Marathon their opinion of ZBB.... Can you post a link to a press release announcing a sale in the last 18 months? A growing company with no sales is quite interesting. Why did the buffoons open their wallets at 2.00 something on a ridiculous run up late last year.
I would expect .89/.90 for max pain before anything happens. By then they can issue another 10 million shares to raise 'working capital' to do anything but work.
That's dumb. Stocks will usually have a 10% dip below the offering price unless it's a really solid company that hasn't raised cash before.
Believe me they can. How are the Cottage Gardens White Pages coming along? How are all those huge MW follow on orders from Nidon? How about all those switches from Cummins?
Yikes....one wonders how this company has not had a big class action suit against them yet. At least they managed to split and dilute marathon down far enough that they can't force a change at the top via the activist shareholder role.
Funny how well I know this stock and this company that at 8:03 I said Seeking Alpha yesterday was a paid pump for dilution......see paragraph two in my first post. .
Heck no. Out a long time ago for a loss. When I got out I had personal things going on, but I definitely would have been out on the wrong. The reverse splitted and are now back to almost half of the share count they were at and they have done absolutely nothing with way over 50 million in cash raised from the public markets. Embarrassing not to mention should be criminal. Where did the other proceeds go to? .
It was the seeking Alpha Article that spiked the price. Seeking Alpha is longer able to post their articles on Yahoo Finance pages so it didn't show up here.
Another words their product had major issues once it got into the field and people were mad and demanded these things be fixed before they got paid the rest of the their money. .This is obviously the reason there are no sales with the company and the reason there have been no 'White Pages' put out there for a successful install. If you look over the estimated 2014 net revenue versus 2015 it grew 100,000 dollars. So this is a company in a rapid growth area, supposedly with a great product and great management and they managed to grow revenue YOY by 1.5% and most of that was Honam partnership money....goodness gracious. Where did all those hybrid switch sales disappear to? Those were supposed to build to the 750k to 1.5 million per quarter in orders.
This will be back to the 1.00 range when the dilution comes. You don't think the seeking alpha article was a paid pump by ZBB management to get the price up prior to dilution??
Unreal how some people are not fired. The amount of top level people that Eric has brought in that have been terminated.....errrr, I mean left for personal reasons is embarrassing at that level. I can see the hiring method now....let's put the names in a hat of former people who were fired from other company's for not doing well and I'll pick a random name out and hire them.
How the heck could they have a need to issue more shares and dilute again already. Not sure how these folks aren't in jail.
That's a joke. It went from 13.6 million to 42 million based on what? Mythical sales from over there, product they thought about building and shipping.... come on.