Post by
S2hadi90 on Mar 09, 2018 7:53am
He said "limited value remaining for current shareholders"
Is he referring to percentage of the company? Or will my 10,000 shares, for example, be reduced to 100?
If that's true, then he pretty much just advised all common shareholders to dump their shows now before its too late?
Comment by
meetoo1600 on Mar 09, 2018 8:00am
Yes, he did. In doing so, he may have, knowingly or unknowingly, been favouring the interests of certain select parties who are trying to accummulate shares. Or, he may have been trying to insulate himself from a future class action. But the message is clear, the financial performance of this company is not stabilizing anytime soon, nevermind improving.