GREY:CHALF - Post by User
Comment by
SenorLegumeon Nov 04, 2017 12:45pm
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Post# 26906064
RE:Short SELL you may be correct maybe an insider
RE:Short SELL you may be correct maybe an insider Debenture holders make money like this. They short the stock and make money on the short, plus the interest from holding the debenture and then in the end they get paid out in shares. If the shares went down they get paid more. Do you see how this works?
Convertible debt and shorters taking this down. The more debt the company takes on like this, the more it goes down. The idea is to be cash flow positive and end the debt cycle only that never happens. And in piling on more debt, it makes it even less attainable.
Out of desperation to attract capital, GLH like many, begin a roll up model of acquistions (again funded by low quality debt) to claim the additions will be accretive.
In reality. Is MMGC cash flow positive and accretive. Are any of these? So what MMGC needs is massive funding to even begin. No one will be surprised by how much funding MMGC will require. GLH is not in the position to be a lender. THe roll up model is just going to fail. Seen it many times in many industries. Do your homework on what Im saying.