GREY:EORBF - Post by User
Comment by
hellohellokittyon Dec 09, 2014 5:32pm
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Post# 23212439
RE:RE:RE:RE:I not thinking of loading the boat of Ort shares....
RE:RE:RE:RE:I not thinking of loading the boat of Ort shares.... This is a completely false statement. Orbite didn't fail in securing the Y series at all. Here is the actual NR:
https://www.orbitealuminae.com/en/news/press-releases/series-y-subscription-rights-extended/
As Glenn Kelly said, they want to keep all financing options on the table. Yes, that's right, they have other alternatives then Crede, but princeofcut doesn't want you to know that. The more choices we have in january the better... no matter how hard princeofcut tries to spin and twist this as bad news.
princeofcut wrote:
whitewhine, no offense but neither you nor I nor anyone outside Crede and ORT know the specific reason why ORT failed to secure the Series Y.. ORT positioned it like it was their decision but i neither accept nor reject their statements to me it is irrelevent it simply didn't get done and retail shareholders now pay for that failure... and PS i tried to alert this MB of that likelihood well ahead of time.. and i really hope it doesn't turn out catastrophic and irrespective of what the rubes and pumpertrasholes tout ORT does need the Crede cash (or an exact or greater amount replacement)...