Atlas Salt Inc REMRF

How does this happen

[Gettingannoyed1]

Does no one see value in this? Does the management care at all that it's in the 50c?

[jazzlistener2]

dead money for years. Once the buyout farce was removed, there was no carrot in front of the shareholders nose for them to get excited. Some company plant even suggested 76 dollars . Too much time expiring with other stocks on the move.  Now with the danger of the float balloning at these prices to raise money and no definite timeline, who wants to get in when people are dumping shares to get

[Donwaan]

This is painful to accept but I think is an accurate assessment of SALT. Buyout expectations and the bonus TPR shares (remember them) have essentially evaporated. Very disappointing for sure.

[DeputyDawg]

Fair comment but I don't agree with years. Management have not helped themselves here by delaying the EA application. Yes, maybe they are going the extra mile to get the application right but no news is seen as bad news and the market does not like uncertainty. Only a tiny percentage of the float being sold is controlling the market and despite Rick's apparent following and connections