Post by
tannin on Sep 28, 2022 2:49am
3 cents bid, and Cdn cents at that......
Surely someone here could forego a cup of Timmies in the am, and bid 3.5 for a few shares....ok, give up a bottle or two of Scotland's best as well, and really shock the mkt with your optimism.........
Comment by
tannin on Sep 28, 2022 11:56am
And this morning I see a bid for shares at 3.5 cents.......thank you.....glta
Lol. Hopefully we will get some favourable re-negotiation of the debt soon, and I think we get back up to 7-10 cents at least. Soooooo thinly traded.
Comment by
tannin on Sep 28, 2022 7:49pm
Yup, sounds reasonable. Wouldn't surprise to see, as you suggested, a sale of the music division, leading to re-negotiated debt deal on favourable terms....if yes, would explain time taken to redo debt deal.
Comment by
tannin on Oct 04, 2022 2:33am
Given more thought to YOO....do not think they/we should sell music div.....just the wrong move. Adv biz will improve and costs are being cut....we need patience. And we shouldn't fret about debt deal re-negotiation
We need to fret about the debt, because it endangers the balance sheet of the company. That is really the only explanation as to why we are trading at a 2.1 million CDN market cap, when we are running at over 10 mil CDN in sales.
What confuses me is how there is no insider buying to stem the bleeding. That suggests to me that something is in the works, and they are in a blackout period. Just a hunch though