Post by
bullpen14 on Jun 23, 2017 11:32am
heads out of our asses
We all may take a hit here, but come on... we knew this consolodation was inevitable and probably years over due. Obviously a tough call, but smart managment makes room for institutional investors. Prior managment dragged this comapnies progress and Silva likely has no choice but to bring it up to speed.
Comment by
Actuarial on Jun 23, 2017 11:38am
Silva at least have a choice not to spend the $120,000 on PR for nothing ...... Silva at least have a choice to communicate with investors like Danter in the past ...... What she did? Consolidation when the SP at $0.25. Will see what the next soon.
Comment by
Kipk20122 on Jun 23, 2017 12:13pm
Yes, But Timing is Everything. If There is No Significant PR coming, then this will bleed way lower after R/S. I also assume they will be doing some sort of financing, which makes SP depreciation even worse.
Comment by
XRRH2008 on Jun 23, 2017 12:36pm
Sadly, I think thats their plan. Consolidate then do a financing. Shareholder value erosion followed by new dilution.