GREY:GDPEF - Post by User
Comment by
damianchosenoneon May 10, 2019 2:42pm
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Post# 29735485
RE:RE:RE:RE:RE:RE:four asked to re bid
RE:RE:RE:RE:RE:RE:four asked to re bidAnd exactly what information is coming from Tony's?
You said Atlantic was still involved; also mentioned AGB is also!
Would you be surprised if the shareholders lost everything?
I mean they are in bankruptcy protection for a reason!
Even if it survives, we will get a 10 to 1 or more consolidation as old shareholders. Don't forget that if it trades again, Sprott and Lewis and other shareholders can and easily might sell all their shares and drop the price evn more. I mean, they have other investments and could care less abou the RCG loss.
If your average price is 5 cents now, then after the consolidation and more selling, we will will have to get back to 50 cents or mor ejust to be even. THe highest RCG hit after their 5 to 1 consolidation was 32 cents ( for 1 day)
In the end, I want to know wht RCG did not accept a financing that was offered to them fo rmillion in 2018?