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Many Bright Ideas Technologies Inc V.MBI.H

Alternate Symbol(s):  MBGNF

Many Bright Ideas Technologies Inc. is a Canada-based company. The Company is focused on commercializing alternative non-medical technologies. The Company has not generated any revenue.


TSXV:MBI.H - Post by User

Post by slagheapon Jun 17, 2014 8:20am
220 Views
Post# 22665766

my two cents

my two cents
It`s a little different this time. The last time the share price dropped to two cents and under was because they had an unfinished product, not enough money to complete the product and an overhanging lawsuit. That`s why Broshko went looking for a deal. Now all they have to worry about is money to survive. I don`t see it going any lower than four cents unless bankruptcy is the way it plays out. Why not dilute to survive? Is it not an option? As I posted before Precision gets first lien on all assets so we know where they stand but what about the dissidents - do they lose millions because they won`t let Broshko dilute for a couple of hundred thousand? I see lawsuits coming.
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