CTON(D), DROP – Looks like something is just about to happen.
CTON (Trading temporarily as CTOND) announced a 1 for 10 reverse split with name change to the official “Second Street Capital” effective today.
We are psyched with the latest company move and looks like the company is ready to unleash some monster updates. We have seen many companies bust out big time once the price hits over $1, jumping quickly to $4-5.00 range and we expect this is the agenda for CTON(D) management. With less than 100K in the float now, prices can move very fast and jump quite high.
DROP continues to put on the buying pressure moving higher today and a prelude to another monster breakout. The perfect time to accumulate and hold this long term play for monster gains!
CTON now only has 1 Million shares outstanding, and insiders controlling more than 93% – their motivation….get this $1.00+ and in the price range of institutional investors that can push this much higher.
- Company providing guidance that they are on solid footing to maintain operations for 2012.
- Insiders control mostly all the shares outstanding as restricted stock – definitely shows the long term corporate view for mega profits.
- Record volume traded since our $0.0075 alert and gains of 1,000%+
- Traded over 3x the float – a tell-tale sign of shorts getting themselves in a deep hole.
- Tapping into a multi-billion dollar market left by large Banks.
- CASH in the bank to the tune of $500K.
About Second Street Capital Inc
Second Street Capital works to help facilitate the flow of capital to community based companies, support job growth, share prosperity and increase the local tax base.
Second Street Capital provides capital to small and medium-sized companies with cash requirements from $500,000 to $10 million dollars.
We provide Senior Secured Loans, Revenue Participation Loans and Preferred Equity as an alternative to bank loans or raising capital from friends and family.
Finding capital can be a complex and stressful event… if you don’t have the right partner.
At Second Street Capital, our entire business is focused only on providing capital to help small and medium size companies wanting to expand their business. Because investing in small and medium businesses is all we do, our daily interaction with the financial community often gives companies the ability to acquire additional equity and debt financing using our structured credit products as an enhancement to the transaction.
We are seeing solid accumulation on DROP with a steady pace of green closes – a bullish indication that we are on the verge of another breakout pattern that can take DROP back over the $1 mark. We are keeping close watch on the wires for any significant news that will trigger this breakout.
DROP last traded at $0.44 up over 12% from last week – smart buyers are positioning themselves for this trigger breakout.
About FUSE Science
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