RE:RE:supreme vs canntrust TRST has the advantage of having a juicy 250m$ in the bank.
However, the lawsuits might take away most of those funds considering TRST has not disclosed their fukkk-ups prior to raising.
Also assuming lawsuits does not stand..... IF the license remain frozen for the remaining year it they will certainly chew most of the capital sitting in the bank.
in both scenarios TRST is screwed.
I feel for shareholders, hopefully they can recover their losses by investing into a quality large scale ebitda positive player such as $FIRE.
George141 wrote:
filbert1 wrote: supreme ( with all it's potential ) bid $1.40 , canntrust ( on the rocks ) bid $1.47 . I am having a proplem with the logic here ?
...aside from Cantrust getting caught with its hand in the cookie jar one has to wonder if this company is a candidate for a take over. Surely there is value there deserving to be salvaged even at a high discount level. Obviously the management is severly implicated and would have to be dismissed and possibly retrained to comply....