Post by
BoardAddict on Oct 21, 2020 6:55pm
Worst Case Scenario
Worst case senerio: the financial deal falls through and we lose out on the extra funds we DO NOT NEED! It doesn't matter if this deal doesn't close, with everything on the table this stock is only headed up. When the deal goes through it will be icing on the cake. Excited for the years ahead!! GLTA
Comment by
Torontojay on Oct 21, 2020 7:34pm
The question now becomes: is it worth 63 cents again? How much weight do we put on investors who are willing to put a high price per share price tag. If the deal was for only 1 million dollars would the share price still be worth what that investor is willing to pay? How about 500k?
Comment by
mitochondria on Oct 21, 2020 8:15pm
nah between a buck 1.30 and 2.00 eom
Comment by
BoardAddict on Oct 21, 2020 9:39pm
If the financing falls through one would expect the mystery investor to buy on the open market beyond $1/share due to the fact that Doug mentioned the investor considered $1/share cheap. It was also noted that extensive due diligence was completed by the investor.