Dannyboy, good points, but I think the central issue hurting stock is this:
1 billion shares at .01 is a 10 million market cap. If you give 500 million shares (just an example) to Illume executives, and the price remains at .01 you just dropped the market cap to 7.5 million. That is dilution. That is strike 1.
We don't know the details, but what if the deal IS detrimental to OPMG shareholders? Like too many shares, or cheap warrants that hang over the company. This "unknown" is strike 2.
Stock has lost support to it rolls over (again). Strike 3 for many people.
People can gush over Illume, but until we see the details this deal is viewed poorly by the street (too many unknowns and the market has spoken).
I like this business model and feel the COMPANY will succeed......a huge marketing campaign is coming and the market cap will be a lot higher than current levels. However, we (OPMG shareholders) are not necessarily included in that success, and will remain nervous until all details are done. |
