Decreased comfort level

[admin]

For Shareholdersunite,

I read your article on SA and rather then post a reply on SA, I thought it better to ask you directly.
You stated that you may take a long position within the next 72hrs. What will be the deciding factor whether you buy the stock or stay out of it?
A lot of resentment and bitterness toward TEUM. My concerns is with this Barry Honig character and all the filth he brings to the table. While he is not directly involved with TEUM, he is too close for comfort. 
And finally about the company joining the Russel 3000. That’s a positive come July 1st.
Your thoughts are most appreciated as I also was thinking of jumping back into the stock seeing it is trading at $2.53 a share.

Appreciated. Since we're doing this publicly with the SHU portfolio we're going to be rather conservative as we don't want to get people into controversial stocks, so probably not the next 72 hours.

• Nobody has seen all the contracts, although the Oppo guy did a channel check and argued that 20% of their clients in backlog are start-ups implying they might not convert.
  
• The shorts want you to believe most (if not all) their backlog is dodgy just from a few examples, that seems highly improbable to us.
  
• Since they're selling a bona fide product to bona fide customers, even very big ones and ones who are willing to buy more and testify in public, we don't see any reason why the company would not be able to attract bona fide new customers, also given this market is very fast growing. Add to that the increased sales to existing customers and there is good growth ahead.
  

The Honig guy connection seemed a little too loose to us, there is a link in the SA article to another article that took issue with that and quite frankly, since we're quite certain they have a bona fide product it seemed a little artificial to us, 6-degrees of separation and all that.