| To: Diamond Daze who wrote (383) | 3/19/2007 11:20:03 AM |
| From: thorium | Read Replies (1) | Respond to of 825 |
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my guess is the lack of credibility. They should have never merged with novastar and took the company public that way. It associates them with trash investments. Novastar was a vapor stock, as was the stock that was before it. Novastar is disolved, they are useless to Thorium power now and in the future. All the countries they are talking business with want to be fuel exporters.... THPW will never mine or supply thorium. If they did, it would be 20 years away.... it was a waste. My guess is NVAS used THPW to get out of the business using the name...(penny stock style), This is why when the merger went public the stock dropped... NVAS investors got it and cashed out. They got as high as 80 cents using Thorium power.. i think that's all they wanted.. Just so you know,, NVAS contacted Thorium power for this stock merger and convinced them it was a good idea. It was just a bad move.
They should have stayed private equity a bit longer, built a bit bigger of a business then spun and IPO onto the NASDAQ... but going to the OTCBB through novastar only benefits small investors like us. If they did it the right way, we would never be able to buy at a market cap of less than 500 mil.
Maybe all that has supressed the bigger players to really take a good look into what this company could do down the road... They were probably wating for tech testing to be completed because its was being funded by the goverment. A buyout would have made more sense after there was no oppertunity for thorium power to get free funding.
My guess is once some business is signed and they move to the Nasdaq, credibility will be gained and it would be a less risky investment for a big house.
But if i were GE or westinghouse, 35 mil -40 mil is nothing to them. I don't know what they know, but in my opinion they are blind! |
