OTCQB:EMHTF - Post by User
Comment by
DSeng89on Nov 27, 2019 7:17am
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Post# 30396995
RE:RE:RE:EMH - Sell
RE:RE:RE:EMH - SellBesides my recent post, I've never once posted on this board. I've been in this sector long enough to know this company isn't going to reward long term shareholders. If you have a look at their Q2 statement, you can see that these guys are in some serious financial trouble. They won't be generating enough FCF to cover the convertible debenture interest payments. Just look at their liabilites man....$49.5M in liabilities as of Q2 with $2.6M cash. Sure you can add the cash from their debentures, but that just inflats their liabilities as well. Furthermore, Management's incompetance has lead to their ownership in PSF being diminished.
The whole reason this company is failing is because they have too many active arms to their business. Their resources aren't allocated efficiently and they are rewarding themselves with more share based payments than the quarterly revenue they generate.
Please do yourself and the other investors a favour and stop pumping this piece of sh1t stock. The mere fact you are saying this would be "heart breaking" for investors shows the raw emotion you have investing in this market. There's no room for emotions when making investment decisions. The writing is on the wall. The moment the fake wall news came out for Canntrust, I sold immediately at a 30% loss. There's no time for B S
Londondriveguy wrote: God! You guys need to STOP!! Let the investor make their own decisions! Taking losses now for
most would be heart breaking! This company still has many active arms to their business, which is why they are diversified! Stop fearing people into selling their shares. I highly suspect you are either shorting, or trying to obtain cheap shares from unsuspecting investors.