OTCPK:JENGQ - Post by User
Comment by
Chris007on Mar 09, 2021 10:35pm
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Post# 32759887
RE:RE:RE:RE:RE:RE:RE:Good news, maybe?
RE:RE:RE:RE:RE:RE:RE:Good news, maybe?lol...they already own 30% of the company. That being said, in cases like this, they would probably be better off to just cut and run. Last bailout was less than a year ago.
pointer wrote: Chris007 wrote: lol...who knows, maybe PIMCO throws more good money after bad, and gives them another cash infusion.
Maybe another round of dilution, followed by another 33 for 1 reverse split.
If Pimco saves their bacon, they will want 99.9% of the resulting equity.