GREY:CEQXF - Post by User
Post by
EstevanOutsideron Jan 29, 2019 5:31pm
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Post# 29293227
I suspect debt buyers are murdering the stock
I suspect debt buyers are murdering the stockto make a hostile takeover imminently. With a $12 million market cap, subtract the $8 million raised from the equity raise and the market is saying this stock is worthless.
There are no buyers to step up. The guys who bought the debt are likely thrashing this stock and will try to take over for free.
I don't see any other logic. There could be more guys in cahoots (in terms of Cequence insiders) then we actually know.
Anyone familiar with the company have a better idea?
Would "Archie and Howie" do this to benefit them?
If it isn't the big 2, who else could be skimming so much and why would they???