OTCPK:TNGZF - Post by User
Comment by
runmyownlifeon Aug 25, 2015 2:08pm
162 Views
Post# 24049729
RE:Above Security bought out
RE:Above Security bought out
I agree with the suggestion that Hitachi would look to pay out the royalty rather than massively grow sales through expansion and pay a percentage. If the successful exit pays the same or similar as the last exit, this would bring a lot of cash into GRC. And great timing as more cash = less need to raise funds through the issuance of shares while at depressed prices. I suspect GRC just had really bad luck with the impairment coming moments before an upheaval in the stock market. Funny how the stock can be up 20% in a day, but I'm still 25% underwater! LOL