GREY:PRCNF - Post by User
Comment by
Jonassson Jan 12, 2020 2:58pm
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Post# 30544193
RE:RE:RE:Time to buy!
RE:RE:RE:Time to buy!Bad q3 sales and they are still bad because they are not producing yet. Lot of employees were laid off to save cash which is an opportunity for restructuring. Non dilutive financing is the key to solve all issues. They will be able to produce and sell once they have the money to perform. They are now at critical time just like many other LPs. They are able to raise money and perform. Don't forget that CEO has 26M shares and won't allow this company to fail as he will personally go bankrupt. I think we will hear about financing next week.
Patrick12 wrote: Pure's Q3 sales was pathetic. No money, and they laid off most employees. They have nothing and no one to work. Does it make logical sense to buy more???