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Message: I've got a peaceful easy feeling....

For those who take exception to my long winded and rambling posts.....stop reading right now, unless you enjoy being annoyed.

Part of the reaason I've cooled off on posting lately is that I'm at peace with my decisions to hold, and to add more as I'm able. I'm done with contacting IR as well....barring something earth shattering happening.  The company has engaged an analyst with Zacks, and while much of what is reported is based on discussions with management....its forward looking so not material statements of fact necessarily....We're told that the recent overnight financing for $10 million give or take, that it "should" provide a bridge to a larger and more lucrative financing deal.  Its up to each individual to decide how much weight to give it.....personally I happen to believe, and if it does come to fruition then the company can correctly say it kept shareholders abreast.

As for the messed up slide #5 in San Diego....I said that I was satisfied with Clayton's response to my email.  I was looking to ascertain two key things....

Firstly I wanted confirmation of my belief that DM had given the presentation with slide #5 as we originally saw it, with the debt figure at $117.6 million as opposed to the then current (and I assume still current) figure of $68.8 million....and that was confirmed, DM did the presentation in San Diego with the uncorrected slide show.  

Secondly I wanted to know what DM specifically said when that slide appeared.  Clayton was either unwilling or unable to tell me exactly what Don said but he did say that DM had given the correct current debt figure of $68.8 million verbally.  I don't know how the other discrepencies were handled (MC, share count) but I hadn't asked and it doesn't seem Clayton is in the habit of voluneering any information....

They raised another $10 million...roughly half from HL/Eastern and the other half from what I assume to be qualified investors...not whales of the magnitude of KD certainly, but still big players in comparison to what I consider typical retail types.  

Without be 100% sure of course, I am still highly confident the Citibank loan will be resolved favorably and that the company will be securing sufficient capital to finance operations for at least another 12 months, and probably longer.  Meanwhile the retail herd is left to wrestle with the FUD that comes with uncertainty.  I feel like I"m watching a movie I've seen at least 10 times before.  Its like a Disney plot where the magic that was making everything go right has vanished, and now the hero has to do it on his own..."oh my goodness, will he make it".  

Cheers all....

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