GREY:WLDFF - Post by User
Comment by
karldrogo45on Mar 16, 2023 1:14pm
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Post# 35342924
RE:Anyone heard anything?
RE:Anyone heard anything?I dont know anything specifically, besides some second hand conversations I hear about. But Im pretty sure the auditors must have been paid now. It's pretty clear they are just not interested in re-listing the company stock at this point. Which I do understand given the state of the market in general. it's a bit unfortunate and unfair for anyone who really needed to get their money out of it, but really how much would you have gotten for your shares over the past year if you could have sold it? at this point we're along for the ride with founders until they want to re-list it. And they'll likely do so at a time when they think the company and the market is in a position to actually go up in value when it's listed. In the meantime it gives them the ability to focus on growing the business, without the constant headache of having to present financials every quarter and worry about how the stock is doing. So from their perspective, I completely get it. But it's not fair for everyone else who bought the stock and funded them, not expecting to have to take this ride. that's probably also whey they've just stopped saying anything publically, because it's a bit of a shady and underhanded way to take your company private again. like just stop filing your financials, get delisted, and go silent meanwhile business goes on. and of course without any public statements, or financial reports, the rest of us just have to guess at how they're doing, and trust they are not scamming the company behind the scenes (which I dont trust them by the way). But that's where we stand as far as I can tell. if anyone has any real updates, please share.