OTCQX:HEOFF - Post by User
Comment by
YourMakeron Aug 12, 2020 1:35pm
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Post# 31399034
RE:RE:news release why bother?
RE:RE:news release why bother?Was going to downplay this move, but not happy. More directors joining the board will dilute the shareholder equity with stock and option issuances. The highlight you pointed out is not good - if history is a lesson for HEO, expect another equity raising later this year to aquire another company to bolt-on their top line and add very little to the bottom line. Why is HEO so reluctant to post positive earnings??? :(
/Sold Position - will buy back when its back at around $0.80.