OTCPK:HBAYF - Post by User
Post by
talladega73on May 03, 2018 7:44am
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Post# 27974813
HBC has strong shareholder support for
HBC has strong shareholder support for Rhone Capital investment. I suspect the other large shareholders supported the sale of about 50 million shares of HBC to Rhone in December 2017 at $12.42 per share was simply that the existing shareholders realized the company was properly value at that price and talk about the stock being worth over $30 per shares was merely wishful thinking. HBC continues to lose money and looks to go deeper in the hole, what a disaster this has turned out to be.