TSXV:LBL.H - Post by User
Comment by
Magnum2on May 30, 2020 1:12pm
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Post# 31091949
RE:RE:RE:RE:NEWS debt repayment 5 cent valuation....
RE:RE:RE:RE:NEWS debt repayment 5 cent valuation....Just pointing out that cheap paper has been issued and sooner or later is does have to be chewed thru.
What is more troublesome, and appears is still ahead is this CFO departure and a $2.5 Million/share settlement.
So add Cooks debt settlement and the CFO lawsuit settlement and now that is $3.3 Million that a microcap had to anti up...not sure what their sales/earnings per year are, but I expect this is going backwards and not forwards/building equity for shareholders.
I will let you decide what these shares are worth, you do not want my opinion.
GLTA