Post by
SunsetGrill on Jan 04, 2024 11:09am
Latest News - Shares for Debt -LOL (10 yr holders?)
The ultimate kick in the behind to shareholders (shares for debt). Gee didnt see this coming LOL. The worst thing of all it that it only services the interest just imagine when they want the principle of the loan back (at 15% ouch). Assume most if not all longtime holders have been wiped out at the current on thin nickel stock price - just imagine what the restructuring will do.
Poor poor maxmoe, flog, synthesizer. I'm just like your parents in that the older you got the smarter they got. I am very shocked that no one agreed with anything I said in the 4 years or so I said this day was very likely. Not once were they cashflow positive with low y/y revenue rates snd that is a sure recipe for dilution disaster. Remember this stock the next time you feel your microcap pick is the next best thing. One in a million. Sitting on the sidelines watching the revenues and growth rates is the way to go - so what you miss out on the firs 100% gain if there is another 400% to follow. Better safe and always be protecting your capitol
Comment by
WinterBaron on Jan 05, 2024 10:34am
And you are hanging around here because...???