add another qtr of cash drop by time of meeting. News better hit before or day of meeting or will need to sell stock at $1..3 to stay alive. sold 1/2 my position and did not want to do it but where is the partner news?
another reason company should get deal done and get news out there. don't let the shorts sneak out. only 200k so majority still waiting to get caught!
put a bid in but someone took shares before they got down to $1.2. Hope I am not kicking myself if news hits Monday morning.
was about to add. He did not take job to work for free. It must be know (offers made already?) that could sell at higher price ifforced but unlimited POP if start building toward that $200 million sales in 2-3 years.
wacker in the drivers seat at this point and could steal the co. need to get cash set for a few years and then can sell on their terms.
they aint covering much with recent volume. could jump one way or the other.. turn those options into gold shaulson - you know what kind of deal will get institutuions back on board.
It seems if plan is to raise cash with stock issue also need to have plan to force shorts to cover. If they can work out partnership that includes other company purchase of MBLX stock on a yearly basis could convice shorts it is time to get out. Eno did nothing but he did not have any $$ in the stock.
didin't he get 600k shs at $0.00 option price too. But he still is putting all his eggs in this company's stock being a lot higher in the future than it is today. Should pop as soon as deal announced.
I know just wish they would hit the shorts with some strength. the shorts believe the dilution is going to bring stock below a buck and the company wants to be able to sell shares at $4-5.
has to be next three days. Any chance he buys at market price just to show his confidence and hit the shorts. 50k probably is not much to him and it would POP this stock.