GREY:XEBEQ - Post by User
Comment by
Newtrader1982on Jun 04, 2021 1:29pm
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Post# 33330731
RE:RE:RE:RE:RE:Xebec has a lot of red flags, this investor says
RE:RE:RE:RE:RE:Xebec has a lot of red flags, this investor saysIt was just some open questions to the board to start a discussion about what would happen if their cash position were to evaporate through acquisition costs and net losses it's a valid concern I think. They would have to raise cash somehow in that scenario.
Ciao wrote: Sounds like a plan, I'll suggest to Kurt and the board that they call you when they are looking at succession planning :-)
Newtrader1982 wrote: So essentially their growth plan is to dilute current shareholders to fund their operations until they can buy enough companies to increase revenue and hopefully turn a profit. What happens when the 100 million runs out? Do they raise cash by issuing more shares?