Picked some up for the heck of it. Good buyout target as shipping sector recovers. Market cap at .05 is chump change for the big boys.
NewLead has ten ships with a newer fleet than average. Not sure if they will expand to 30, but who would want to till the market fully recovers.
FreeSeas Inc. (NASDAQ: FREE) FreeSeas Inc., through its subsidiaries, provides drybulk shipping services. Its vessels carry various drybulk commodities, such as iron ore, grain, and coal, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice. FreeSeas Inc. is bouncing off its 52 week low of $0.02 showing gains of over 11% off heavier than usual volume. With a 52 week high of $71.43, FreeSeas Inc. has plenty of room to run higher from these levels.
GBSN has one of the most experienced and talented team in the field. I have no doubts they will maximize the new FDA approvals.
There is quite the talented team in the field at GBSN. Look at a few of their linked In profiles. Most come from one of the above competitors. Bright future once this gets sorted out. Buying some here.