OTCQX:HEOFF - Post by User
Comment by
Lazaroson Nov 14, 2019 10:01am
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Post# 30350111
RE:RE:RE:Lol... What a pump on low volume.
RE:RE:RE:Lol... What a pump on low volume.I agree with all of you. I don't mind the acquisitions they've made, but they overpay. I'll have to go back and check my spreadsheets, but I'm feeling they've paid out their market cap in acquisitions over the past decade. At the shareholders expense through dilution.
That being said, I agree with the strategy. These acquisitions lead to more product being sold at a higher margin.
The key point, in my opinion, was pointed out a few posts ago: as soon as the balance sheet improves, they immediately dilute. If they waited a bit, we'd swing to a profit.
The stock is halted now so I am curious to see what they release.