TSXV:SOP.H - Post by User
Comment by
BadMedicineon Apr 15, 2020 11:20pm
196 Views
Post# 30914646
RE:RE:Is a reverse split by 10 being forced?
RE:RE:Is a reverse split by 10 being forced?Not out of the realm. Lind and Sam's group would like nothing better and they seem to be pushing to that end.
Extension after extension with mounting onerous terms on the back of an epic death spiral finance and once in a position to force default, Lind doesn't say boo? Lind is pitching something disgusting in the background, of that there is no doubt, hence, their silence on default.
This chit show is not a product of the Corona virus. The asset is going to be stolen for fractions of pennies on a dollar.
Lost a lot of money investing in this company. Every new avenue for advancing the project always came up short and this time the death knell tolls.
If they blow it up with a crushing reverse split, somebody will make money but it won't be anyone holding current paper as an extraordinary amount of paper will be issued at a crippling fraction of the value of the paper currently held.