Post by
TeamEddie on Jun 12, 2024 9:17pm
Share price is not a reflection of share value!
Clearly the whiners have not done their DD as Sue clearly explained this in an AMA
Reverse split this machine and raise some cash asap
Comment by
Napcoo on Jun 12, 2024 9:23pm
They also told no reverse split until NASDAQ listing, do not trust clearly, soon, on track from exro, things change
Comment by
TeamEddie on Jun 12, 2024 9:28pm
I am assuming at this stage it will be needed soon
Comment by
Napcoo on Jun 12, 2024 9:36pm
With over 60%, insiders and institutional investors will dictate the decision, Sue cannot make random decision like before the merger. CEO will be a hot seat now
Comment by
TeamEddie on Jun 12, 2024 9:38pm
quite certain they do not want to go bankrupt
Comment by
Napcoo on Jun 12, 2024 10:03pm
You will never know what the preferred shares holders want, some prefer restructuring, own the company while getting rid of existing common share holders by bankrupting it
Comment by
TeamEddie on Jun 12, 2024 10:17pm
they need to raise money not eliminate their only source of income placements
Comment by
Napcoo on Jun 12, 2024 10:32pm
The $30 mln raised before merger was intended to pay debentures or something else, later they said it's no longer needed after reviewing the contract, so the money should last a few months, until good news or finance with major bank, if none of the above happened soon, we will head and shoulders with heat.cn
Comment by
TeamEddie on Jun 12, 2024 10:52pm
so you expect they will not do as reverse split and will do well then?
Comment by
Napcoo on Jun 12, 2024 11:07pm
If I had the proper judgement, I would not be in this mess, or at least cut loss long before
Comment by
Napcoo on Jun 12, 2024 11:25pm
It has to do well in the coming weeks
Comment by
TeamEddie on Jun 12, 2024 11:52pm
just relax and accept where you are, overthinking it will not alter the outcome but may effect your state of mind just a trade you will survive and live to fight another day either way
Comment by
jboom70 on Jun 13, 2024 5:22am
Dude sell this and realize your losses. holding it will bring even more pain. Buy real companies that make real money. So many beaten down sectors to pick from. American regional banks, anything to do with power generation or that build out, Argentina , India just look around