RE: RE: RE: RE: is it wise to load up more 0.08 ? Is it pretty clear there will be 0.10/share if the asset sale was approved? How, give me the numbers.
Because here are mine.
Pro forma proceeds 26.6M = 0.11/share max.
FIU needs to run for 2-3 months after the asset sale vote if it was approved, if they are burning through cash at 8M per 3 weeks, then they will require at LEAST ANOTHER 10M credit facility. Reduced from Pro Forma proceeds
FIU needs to be cash positive at the time that the asset sale is concluded and MWS and EZ is transferred, they need enough money to pay bonuses, and for closing costs etc. - requires credit facility, reduced from pro forma proceeds because THEY WILL NOT HAVE ANY CASH ON HAND.
If you can provide me with an actual argument, backed with some sort of data instead of your opinions I'd be happy to actually address it. But it's pretty clear that your just upset because you bought in at the end of March, thought you could get an easy 50-100% profit, and now you are at a loss. Well keep on bashing buddy, because there is no hope for the asset sale to go through. If you had done ANY DD you would realize that it is mathetmically virtually impossible. So the real gamble here was when you bought in to FIU without doing your research.