GREY:IPRSF - Post by User
Comment by
Bangkokboyon Dec 13, 2016 4:26pm
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Post# 25594339
RE:RE:RE:RE:RE:Op & Info
RE:RE:RE:RE:RE:Op & InfoWow, that almost sounds illegal. Wouldn't that be a kick in stones with him coming in at 0.30 and sell for half. Hypothetically of course.
I was praising Lanthier when he first came on board since he was instrumental on a couple of takeovers from previous companies he was with. Now I'm eating those words.
To tell you the truth, I liked what IMP had done, whereas a group with a vested interest had taken control of the company but the s/h had not gotten screwed. Really, did I just say that??
The new CFO was with Lanthier at the previous company. To date, I don't see much of that magic as yet.
I guess the space is waiting for what happens with the big 3 and I don't expect much until then.
lscfa wrote: TEC is not your typical lender.....it may switch hats and go into private equity mode, make a going private offer for say $0.15, and basically steal the company from shareholders......then after a couple of years go public again for $1.00 per share.....
Bangkokboy wrote: Ppl have lost faith as almost a mil traded at an all time low.
Expecting them to announce another arrangement with TEC for another penalty..
Since this happened last year and we thought something was in the works and nothing materilaized it appears they're in trouble to make payment rather than using those funds for something else.
Hate that jerk 0ff Gerald but appears he's getting the last laugh here.
G_d forbid they do a consolidation as why would this not tread lower with the negative sentiment the company is showing.
No wonder there was indication that this was on the selling block, at almost 40 mil coming in and they still cannot pay the debt? What are they doing?
Come one company, surprise us?