*No Value for shareholders any more.. as
As Biome has failed to assure shareholders that the company could survive this market and by thinking that getting all the bad news out while this SHXXXX is going out, it leave shareholders no choice but to bail.
It is funny when CEO went on camera in November, everything was going well, and now they are saying that everything has changed in the past year. I call it BS
They just tried to bite more than they cold chew and in their minds, that was great. In fact shows incompetence.
Fool me once shame on you, but twice, shame on your directors, BIOME will not receive a penny from the investors in the future because of the failure to execute ongoing plan. The only entity to help them is JaCobs which is in bed with them. And that is a 10 to 1 reverse or another bridge.
My advice to long holders is to get out, take the loss. and at the end of the corona storm, buy discounted (but good) companies, not this SHXXX with incompetent management.
With Stafford Act being invoked in 48 to 72 hours, the whole USA will be under first responder's control. What do you think will happen to our exchange???? ha
Good luck.I am out
in at 60 --- out at 0.044
have some cash now and wait for the storm to hit.