a look in the future
posted on
Oct 05, 2010 04:25PM
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A look in the future of ATI Airtest
Whats new with Airtest? What happenened at the AGM? Why are we trading at
three miserable cents? As one reader writes.”the combination of the price
and the rollback bites the wienie”
With record sales and 4 successive sales records which have doubled last
years efforts,,,with the advent of the era of our new sensor technology that
is miles ahead of the competiton.what gives????
Its not a one line answer. Ill try to put things in perspective. In these
times of uncertainty, ones scalp is already raw from trying to figure things
out, The world and North American economies are in a sham. making sense of
anything has become a challenging, head shaking affair.
I think the bottom line is that penny stock risk capital is not ranked
highly at this point by traditional players. With banks dropping like flies,
secure investments doing a Houdini vanashing act,many see too much risk
everywhere and have turned to commodities such as metals and food futures
which results in a shrinking pool to draw from.
With the inception of Clairtec, the wholly owned subsidiary of Airtest, the
need for capital to develop and market our new systems is obvious. Our
traditional basic business is taking flight and has thus far supported this
area of development but in order for both to succeed and ultimatly
flourish.money is needed. How much.about 2 million in the first phase.
In order to attract investment in this competitive market, management has
thought best to secure an approval for the consolodation of shares which
can only be exercised by the directors if linked to an appropriate
financing. This is necessary as investors look for a more manageable share
structure that they feel will better accommodate future stage investment.
President Graham tells me he has four different entities interested in a
post consolodation financing in the 2 million range. These parties are from
industry and brokerage fields and would forward the companies future
development.If I was an industry player seeing an opportunity such as this,
with unlimited upside and little risk..to gain a 15 to 20% ownership for a
small entry fee..I would pounce on it.
The word rollback scares many and hence the low current and historical
price. In conjunction with a financing, a promotional effort will once again
be implemented to sustain shareholder liquidity, and hopefully maintain or
strengthen our current price. This should alleviate fears of further erosion
in equity and also feed off itself as value is seen in the community.
So for the short term its grin and bear it. AAT will emerge a stronger and
prolific leader in the field
George Graham is very approachable and down to earth should you care to
discuss head to head any aspect of the company
1 888 855 8880
royrogers