"Reading between the lines" JOB POSTINGS
Someone mentioned this in another post and I have to agree with what they're saying about reading between the lines. I've been following the stock for quite a while and I have quite a few shares myself. OPTT has posted 11 jobs in less than 30 days on their website. They have a total of 13 jobs they are trying to fill (https://oceanpowertechnologies.com/careers/) I mentioned in one of my other comments that I do not believe this is just to "save face". I think they are posting jobs because they need people to do work! For everyone saying that Phil be damned for trying to raise money just does not make any sense at all. Would you rather the company go bankrupt so that you have absolutely nothing just to protect your share price? They are simply raising money to continue moving forward as a business. Yes, in the short term shareholders price per share does decrease because of this, but in the long term they continue as a business, continue making products, continue selling those products and continue to scale. How does any company that doesn't already have some sort of investment stream have money to do anything for their business? It takes Capital, it takes people, and it takes patience. Phil is simply making decisions in the best interest of the company, not your shares as that's not his job.
We are all investing in this company.... well, most of us are investing in this company because we are expecting asymmetric growth. Low risk high reward, that's what we're after. If we lose all of our money that we've invested in this company, then whatever you move on to something else and cut your loss. For everyone saying they're so glad they got out, I just don't know what to say other than why are you still here following this thread then? If you're out and you're glad to be out then move on.
I'm here for the long haul reading between the lines as an educated investor while continuing to invest in this company. I believe, based on all the data that we will soon be seeing a stock price increase and at that point none of us will have to read between the lines anymore because we will be reading headlines on all of the major news platforms.