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Bullboard - Stock Discussion Forum Baylin Technologies Inc T.BYL

Alternate Symbol(s):  BYLTF | T.BYL.DB

Baylin Technologies Inc. is a Canada-based diversified, global wireless technology company. The Company is focused on the research, design, development, manufacturing and sales of passive and active radio frequency products, satellite communications products, and supporting services. The Company’s products are marketed and sold under the brand names Galtronics, and Advantech Wireless. The... see more

TSX:BYL - Post Discussion

Baylin Technologies Inc > Driven down and taken private?
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Post by prested on Jul 20, 2021 5:31pm

Driven down and taken private?

Is that what is going on here? Or, is it simply exxtemely bad management?
Comment by Sikong on Jul 20, 2021 9:10pm
I think there may be no good news for Q2.  I don't quite understand why they want to take this private while they still need money to continue the business and the public market is the place to raise funds.
Comment by ciretaka198 on Jul 21, 2021 1:50am
You dont have to tell baylin managment5 about raising money in the publc market. They have gone to the well for almost 100 million dpllars including a 50 million dollar IPO @ 8 bucks a share. Not sure what they did with it all . Maybe royer has it under his pillow.
Comment by Rondo1000 on Jul 22, 2021 12:52am
There has never been good news for Baylin , all the seemingly optimistic reports were the product of manipulaion and fiction . A company that is operating in a psrallel universe with a weak managment does not have the right to raise additional money  . The cash burn will continue until the bottom of the barrel.  The company's leverage is at its peak , no bank or business party will ...more  
Comment by yurejo on Jul 21, 2021 12:52am
This post has been removed in accordance with Community Policy
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