Post by
homerunstock on Jul 08, 2018 1:05pm
Bottomline What Should Happen For Shareholders !!
I have not hold any shares for a long time but this looks like such a easy fix to give this story another chance thus restoring shareholders investments or even potentially making a profit Instead of continuing this burn to 0 for only the good of management recieving salary = All shareholders need to rise up and push for a total reset here from managment $5 mill current cash + remaining royalties would give the company something like $10 million cash which could then be rolled into a new acquisition to give this story a great fighting chance going forward I mean seriously $10 mill could bring in a great deal in this tight market which seems like such a easy victo insure some hope instead of sliding off the face of the earth ! Rise up shareholders this is a simple no brainer easy turn around which should be immediatly pursued to no end before it's to late - GLTA
Comment by
homerunstock on Jul 08, 2018 1:11pm
These thoughts are even assuming none of the subsidiaries return any value from sale or transfer of value - such a no brainer but this managment team has not delivered much now have they !!
Comment by
Chutzpah on Jul 09, 2018 4:25am
They have "delivered" according to plan...... just that retail's pockets were never in their plans
Comment by
Freelunch5 on Jul 08, 2018 3:36pm
This post has been removed in accordance with Community Policy
Comment by
StockMagician on Jul 08, 2018 6:03pm
LOL, the $5M net cash, the minimum $6M in future royalty payments, the $20M tax loss carryforwards... and the market just doesn't care right now. We've got a $4M market cap, and judging by the weak bids, it might go lower before sanity returns. Lay everyone off, shut the doors, and lets divy up the cash and move on.
Comment by
Chutzpah on Jul 10, 2018 1:09pm
Only 2,000 shares left bidding at 4.5c so we are at a 100 bucks worth sale from hiting a new 52w low. Hope sanity will return to your head someday ChitMagician...
Comment by
tannin on Jul 15, 2018 3:17am
if people in control have very few shares...see Kidl2 below.....others could come and take their mealticket....I'm ready....make me an offer......
Comment by
tannin on Jul 17, 2018 1:59am
half cent....now that's chutzpah.........