RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bashers Suck!!!charlottesweb wrote: Actually they claimed 43 ton this year so....but knowone thought 200ton this year. Bottom line they have dropped the ball on it all quit saying every company did it this piece is obviously one of the worse because of shady management. Stop churching it up
I do not even own this stock right now, so I am happy to see it drop in value as it may give me the chance to get back in again at a nice low price. I 100% agree that there have been some questionable management decisions, but those decisions were all disclosed and public record for investors to make informed desisions.
Super cheap warrents to management, accepting financing that required them to allow short selling, getting in bed with FSD whose management has turned out to be incompitent to name a few. None of this was hidden from investors, all available in PRs and public filings. My point is if you did not like these choices then don't invest. Seems like people invested blindly and then are blaming management for decistion that were made before they bought shares and trying to blame the company rather then themselves for not doing proper DD.
The main reason this company has value right now is that they were shrewed enough to do a private placement at $1.40 per share at a time when they did not even need the money yet to take advantage of what they know was an over inflated share price, so now that have a nice healthy blanace sheet and I think they have used some of that money to make good investments. Time will tell, but they are not doing anything until Oct to earn revenue so I will be on the sidelines for a few more months probably.