RE:RE:RE:0$ debt for mint and 1 million cash PappyGallo wrote: I agree with your assessment. While it sounds good - I wonder what really is going to happen.
Plus concerned the trading halt is still on.
You and I along with the market are wondering what this all means. Even with the possibility that this company will be debt free in a month, the market believes there is more to this deal than just debt reduction.
Will the two entities who own a large portion of shares decide to take this private? I dont know and what are the reprecussions for us minority shareholders. a couple of cents extra ontop of 9 or 10 cents?
This has been dead money for awhile and I am not holding my breath for something fantastic to occurr here.
You would expect that a company who supplies a service that would be beneficial during a pandemic would be knocking it out of the ballpark with new cards coming on line and increased use of the existing cards.
I should have got out at .40 cents. Still at break even at the moment but this company is languishing.
Cheers