GREY:PRBEQ - Post by User
Comment by
redgreen66on Sep 09, 2016 3:12pm
70 Views
Post# 25223279
RE:RE:RE:Venting!
RE:RE:RE:Venting!Thats about what I am thinking too. This plays into something you mentioned on your previous post:
"why would not they try to sell some assets or issue new shares now to decrease the debt?"
In my observations, I would assume that a reasonably competent BoD or President would make use of issuing new shares as an opportunity to get out of the debt committments and live to see another day - if they felt this was the only course of action to avoid default. The fact that insiders hold so much, yet no more shares are issued suggests to me that they are forecasting for calmer waters ahead and don't need to jump into share issuing to sort the debt out. To me that is a sign of confidence (even if it is a small sign).