EXPM:HRTFF - Post by User
Comment by
bikerackon Dec 03, 2019 9:42pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
153 Views
Post# 30419518
RE:RE:RE:RE:RE:RE:Hair cut time
RE:RE:RE:RE:RE:RE:Hair cut time
Ballot.....
Your posts suggest that you are naive beyond belief....you troll the board high fiving and befriending anyone who posts thoughts/opinions that support your ill informed rosy view of things here!!
Your choice my friend....hoping/wishing are sentiments..not strategies!
You're catching on when you suggest the markets are woefully rigged...ya' got that one right.
On Sunday I posted to you that your penny pony was being put through a wash/rinse/dry cycle and the price would retreat.....you chose to disbelieve...well voila....guess what happened !!!
I'm gonna' give you one more leg up ( you won't buy it 'cause it doesn't fit with your dream).
Your little Company is, by its own admission, in a financial box.....apart from its outstanding long term debt obligations, it has a critical working capital shortfall.....about $18 million. It takes cash and lots of it to keep the lights on and conduct further drilling....and every ounce they pour at this point unfortunately just adds to the deficit.
By their own admission they will have to raise $$$$$. The stock is already
uncomfortably diluted for a penny dreadful ....and this recent price/volume blowout is no coincidence or accident. Unfortunately it has/will severely damage their prospects and credibility in the capital markets and amongst folks who have any thought process.....the folks with real $$$$$$ aren't quite as vapid as many of the folks on this board.
Bottom line....you'll need a restructuring .....first on the agenda will be a roll-back of the stock.....in the ballpark of 1 for 10.
Try that one on Ballot....it'll take time....but at least you've been forewarned!!
You wish everyone luck with each post....I think you're going to need it !!