OTCQX:DMMIF - Post by User
Comment by
merlin991on Nov 25, 2019 6:28pm
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Post# 30391157
RE:Good deal?
RE:Good deal?I believe a decent deal will come along but of course some strapping/changes will come about with BOD.
As far as Titan they are looking for some charity from their buddies but everything being scrutinised by regulators means there has to be some fairness associated with it. So we will see what they can muster in real terms (cash) but given their dire situation what might be possible? Jerusalem for their shares plus the vertex loan plus some cash?
If they can raise cash thru' further dilution they would need to do it soon. As December kicks in and their debt maturation date hurries nearer things will get worse. They without doubt know what deals are on the table.
There is too much being made of Titan. They are just a bogeyman now. Unless some sophisticated investors come along the hole in the ground for their casket will be in full preparation.
Don't fret it. BOD has money in this too. Cutting your nose to spite your face is not on.