OTCPK:ELBSF - Post by User
Comment by
hrgoyalon Aug 30, 2019 5:42pm
192 Views
Post# 30084917
RE:Can’t wait for the Halt
RE:Can’t wait for the HaltThere are two possibilities. 1. EL received genuine offer of interest and it will be sold in near future or 2. It was a trap. Those who bought at 6c sold their holding at 9 to 12c and made cool 50-100% profit and poor soul like u and me bought and now under water.
CEO hardly told anything about unsolicited offer in the conference call. 95% of time he was talking about company product as if he was talking to customers and not investors.
LongTbuffet wrote: I can’t wait for the Halt announcing a major partnership or outright sale. The writing is on the wall. It’s easier to sell a business with 0 debt. That’s why the opted for the Financing.