GREY:RPBIF - Post by User
Post by
Hurting20on Nov 16, 2004 11:40am
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Post# 8183974
I am still fuzzy
I am still fuzzyabout this PP.
Didn't they raise enough dough last time to get a deal done? I distinctly remember some on this board saying last cheap PP. Enough to clean up the balance sheet (which you can't do wiht a co with negative cashflow running on 3 months cash).
Wasn't the last financing with a buddy of our #1 shareholder. I thought he wanted more. Why isn't he here now? Why are the sloth allowed to participate in a PP now? Granted the last PP was a BS price. Fee back net was .73 when the stock was over .90. Won't he and his 5 million shares be upset when the very next financing is cheaper? Why for the first time has the money which we are supposed to follow walked? There has been plenty of opportunity at way cheaper prices to say thanks to long term shareholders.
Why did our #1 shareholder start selling. Why doesn't he want to make the most $ he can? We don't know for sure but my bet is a lot of that 400 000 puked up yesterday came from him.
Wasnt' this Haywoood dealer described by some on this board as bottom feeders etc when there was selling through this house?
Why has Ardvark let you down again?
What on earth is going on at rbm.......is it right that they could be on the brink of disaster or a major F500 deal and the owners of the company are clueless?