No one likes a RS...mostly because no one wants ot see their potential of gaining vast percentages on this stock as it stands in everyones account balance...shareownership-wise that is. Get used to it people the RS is probably a 75/25 chance of happening and I'd bet more like a 1 for 5 than a 1 for 10 RS.
As we can plainly see RG has met with the other exchange while in NYC..they know of our intentions, he's made it public and has told us the BOD and he have basically their startedgy and goal for the PPS in place, before they act...our only missing ingredient is the $5.00 BID price we have to hold for a certain period...
Now with the reexams coming back positively and "maybe' some Crossflo earnings thrown in, we will start to climb in the PPS...but to assume we would get there ...$5/share and hold it...is assuming a lot on the BB esp. with the 600Mm shares we have facing us as our OS.
Look, if we're lucky enough to earn ..NET...200MM est.375 gross) and assuming the 600Mm shares get issued...that gives us....33 cents a share net earnings...we'd then need to get a 15 PE ration to get to 5.00...that's a tough road to hoe...not impossible, but hard to get and maintain and IMo fairly far down the road...at least on a consistent quarterly/yearly basis.
So we'll all have probaly 1/5 of the amount of shares we have now and we'll all have to hope for a lot bigger increase in the PPS to attain those lofty numbers people have been dreaming about for 2-3 years...but so be it...with a PPS over 1.00 and a 1 for 5 RS...I'd gladly accept it just to get off this BB and get some real time analyst covering us and some big time funds now available to buy our shares which neither can do until we get off this BB and over 5.00/share.
JMHO
JMHO