Re: 1 week closer-Now 2 weeks
in response to
by
posted on
Jul 19, 2008 10:31AM
We make wireless work.
Another week passes and the SP dropped and has rebounded slightly. That's a good sign. The other things I've read on the small cap network is a possible rebounding of the markets. They see 5 fairly strong signs of the bottom being reached and the last 2 days in the US markets reflect that. Is it the bottom or just a small rebound, that remains to be seen.
I do have a question concerning RFID tags. Are they proprietary or could Act use 1 Tag that has already been approved by MSHA. There are a number of them on the MSHA site. If that was possible, it may help speed up the approval process.
Lastly, I have to question the timing of the grant of options to Mr Ni. Why not when the price was 40 or 50 cents and price it at 60 cents for Mr Ni. I don't understand waiting until it is so low and offering them at 30. This company already has a huge amount of outstanding shares so why add this on when confidence is so low. Why not wait until these guys have proven themselves in sales contracts or share price. They could make it more performance-based and I would feel much better about the options.
Any comments?
Best to all