TSXV:RHT.H - Post by User
Comment by
Aei773ouon Jun 26, 2024 4:38pm
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Post# 36107751
RE:RE:Poorly run company is afraid of this
RE:RE:Poorly run company is afraid of thisEdinColorado wrote: Hoping for a turnaround quarter would mean there is still life and substance underneath the s---show, which right now offers the main hope there is for investors, partners, clients they have signed on, and patients (if there are any) relying on the service.
If there is no substance there, then all of the above will have been damaged by serial lying with support by everyone from contractors & regulators to auditors. That should mean prison time for a few, not just a lawsuit. To believe this kind of conspiracy really exists takes a stretch that is just oo much for me to swallow.
I'm expecting an eventual bad news financial report from a company existing on life support, or a buyout at fire sale prices if there is substance that can be built and developed by a competent management.
The business can still be of some substance and yet not effective to generate enough cash flow for a viable long term business. Many company failure belongs to this category. So "life and substance" may not necessarily goes hand in hand. As for life after a possible fire sale I rather ignore it as a wishful thinking in the info void of where the financials stands. There is no conspiracy to dictate the mood in the forum while the unbelievable long wait drags on. Instead, common sense tell us what could be the natural outcomes and be prepared for the unexpected.