GREY:ARWJF - Post by User
Comment by
whitehorn1on Jun 04, 2015 8:00pm
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Post# 23798934
RE:RE:RE:one thing to remember
RE:RE:RE:one thing to rememberA big concern, if you have not got financing yet, "what" will change to get financing before Aug (forbearance loan). This has dragged on a long time, in my opinion ARW needs to look at all avenues for any type of financing to keep afloat. It appears, not going to happen at this stage of the game. I will have to take a loss on this as well. Fortunately, I disposed a good part of my holding early 2014. I kept the remaining portion as thought there was potential. Today, it is very grim. I'll hold off for about a month and see if anything happens. Otherwise, I believe the lights will be shut off in September ish at the latest. CC made lots of mistakes, I wished I took advantage when I had an opportunity in early 2014 to sell everything off. Overall, I will lose some money, and it could of been a lot worse. When I look at this CC will have lost a lot of money most of his position was bought out of his pocket beyond .40 cents. It will be in his best interests to make this company viable, but does not look good at the present.