Post by
Digger0144 on May 08, 2021 8:29pm
Share Price Will Dictate Action...
We can dream all we want...but...if Bonifacio cannot get the stock price up he has no option but to make a deal.
In his latest Webinar it is very obivious to me that he is prepared to make a deal with the right entity as I described in my last post on the subject. He has no choice.
If you read the Fundamental Research Corp. report which I believe is very much accurate...they had it right on in terms of drilling and such...they report that an additional 7.5 million US must be raised before the end of the year...serious dilution to be sure at current pricing.
CEO Giulio Bonifacio will not in all self-consciousness and from a business aspect even contemplate any such activity...it will not happen.
There is too much at stake.
In otherwords...get ready for a deal in the very near future...he has little choice at this time.
All the Best!
Digger0144
Comment by
Myharleybike on May 08, 2021 9:35pm
A deal will be made, good. Get rid of this nonothing useles Bonifasio. He's washed up.
Comment by
iluv2buyem on May 08, 2021 9:47pm
Should get rid of u . Ur flip floping was not 4ven good enugh for IHOP . And u think ur smart here ?
Comment by
ikny on May 09, 2021 2:50pm
If hecannot bring this co. to where it should go(less than a year awy from production), then he is the wrong man for the task...A buyout at this share price will not give shareholders what they deserve... abottom line price should be .50 andno one is going to offer that to a penny stock...where are allthese direcdtors that have the capacity to raise $$$$ that they state in their bios?
Comment by
iluv2buyem on May 09, 2021 4:42pm
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Comment by
ikny on May 09, 2021 7:11pm
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Comment by
iluv2buyem on May 10, 2021 12:06am
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