The post after yours by @provexis illustrates my point. How can you debate or respond to someone with that mindset?!!
Unlike many shares, this one is easy to understand in respect of fundamentals. Provexis OWNS the IP to Fruitflow and WILL receive visible revenues at some stage in the future. The company is receiving revenues at the moment but they are being absorbed inder the confidential but independently scrutinised, AA of 2010.
What we need to see is increasing products and some decent large deals. We'll never get "feel good" news from the Company, they've never been like that although the website has vastly improved over the last few weeks and does look much more informative.
There's no doubt that FF is getting around out there and probably a lot happening behind the scenes.
IMO a good time to get back in or top up but what do I know? The SP might drift down a bit more but plenty seem to jump in at circa 0.65/7p
Colbalt - that's the best post I have read from you...
You all know that I am not PXS's biggest fan on past history and they have cost me and clearly many other PI's dearly. But I am invested here still and I do want to debate positively or negatively instead of just stating progress is good and this is our year. How? When? Where? And most importantly Who? These are the questions that remain without answers IMO. How could be argued I suppose with progress so far but that has not changed SP has it - so that still is unanswered.
Puk, a very noble idea but I don't know of many forums where a sensible debate takes place....not on the ones I visit! Anyway, it's almost impossible to win a debate on the internet because you don't know who you're debating with!
The problem on this BB and in the blue place is that there are a number of people who simply will not see any positives at all in PXS and I have on many occasions reiterated the low overheads, the DSM connection, the growing list of products etc but probably in vain to those who can't see beyond a 0.7p SP. I have found it frustrating but I now accept that I can't do anything about it so there's no point in getting too stressed.
I do admit that it is difficult to fend off those with their own reasons to talk down the company when the SP has been on a downward trend as that plays right into their hands but we really should be moving on from the days of the former CEO selling up to fund Home Imps/cars and looking to what is likely to come.
We had a cautious pre-close, a continuing silence from the company and it's all quiet on the product front (apart from Travellers Helper as mentioned earlier) so the SP is moribund although there are buyers at the current price.
You would have people believe that mms have taken this all the way from 7p to .7p and no pis have done any trades for years. Lots have sold and it continues and the reason the sp is at 0.7p because nobody would pay any more than that for it as things stand. The coverage is tiny, the products its in are relative dwarfs and its difficult to see how anyone could make a case to buy in. Clearly not many can make a case as the buys are non existent.
anyone who read the RNS during late 2009/early 2010 could have decided themselves BEFORE the big demise that the best course of action was to follow the CEO s lead and sell a chunk...........just as when investors follow the lead when CEO/CFO/chairman BUYS shares in open market it is usually a sign of confidence
The business case is exactly the same, Fruitflow makes progress across the globe, Colby identifies another new entrant, and the company notes that more will follow, expanding market coverage, geographic coverage, and health sector coverage. Mutters, you work for someone, and you get dangerously close at times to breaking quite a few rules IMHO. My comment that MM's are playing shove ha'penny with the sp at present is an uncomfortable truth isnt it.
Unfortunately aim is full off cowboys that get away with all sorts and you cant do much about it. The bid is now settled in the 0.6s. You normally get buys when the ask hits new milestones as it has at 0.7 as many have target prices to buy in. But generally after a day or so here the buying stops and the slide continues. A hole load of new investors who got caught on the last spike already have 65% losses. Such a shame. All you can do is warn them. Get ready for a share consolidation. 0.5s is very likely in the next few weeks.
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