GREY:LFDEF - Post by User
Comment by
Empire123on May 20, 2020 11:52pm
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Post# 31054603
RE:To get a discussion going....
RE:To get a discussion going.... Very good thread Cowboy! It's hard to argue any of those standpoints that you have outlined. Here's my take:
1- Geosys- awesome! Cash flow positive as you mentioned and the backbone for now at least. Continue to develope the market here and drive revenues even higher.
2- Deimos- the only thing I'd add here is at what point is it better to just shut it down if there are no buyers? Their losing money hand over fist here. Urthecast isn't just about Deimos.
3- Finances- I got into this stock when it was backed by a Vancouver based investor over 2 years ago. Say what you want about them but I know their track record. It's worth the gamble for me. How long do they have? No one knows from the outside but at any time this could fall apart and we all lose our money. On the other hand if they do and what they say they are going to do we will make allot of money here. I'm encouraged with the new management group. They have turned this into a viable business moving forward without Deimos and that gives me some sort of security.