OTCPK:AUMTF - Post by User
Comment by
bigopson Sep 27, 2022 5:26pm
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Post# 34990583
RE:RE:RE:EF out, lost again
RE:RE:RE:EF out, lost again LOL - you two should become fishing buddies...you could entertain each other with stories of the ones that got away from now to eternity....
Not sure if you are aware that there is a new mgmt team in place -- agree with you, the last CEO and CFO were terrible and were not shareholder friendly. This team on the other hand is already demonstrating a different tone.
Did you skip the reference to "non dilutive financing"....
Did you skip the referent to AMI also receiving USD$600k -- ostensibly to redeploy to other opportunities.
Did you forget that JMAC has millions in this company and being repaid $600k is hardly removing risk. In fact -- it creates risk for JMAC since the debt holders are really at the top of the capital stack and can enforce in a punitive way...he is lessening his grip in terms of control and therefor his main position as an equity holder becomes more risky. If he was cashing out of his equity then you could say he would be reducing risk.
Anyways - nothing that I write will matter to you because you are simply pissed off...and that clouds your thinking. My only recommendation for you -- is to sell (if you own any stock) and move on....quite frankly, it baffles me that you have not sold long ago given your clearly negative position on each piece of positive news....