I think so, but Im thinking that their banker ( ASB ) may want more S Hers equity especially as they have/had approx. between $2+ & $6 mil left at the last bus update!
Surprised this isn't under $1 already to be honest.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Im picking that if/when they have C R there will be one h@ll of a "truth session " with the big holders and instos so the we can all see just what the future looks like , Im staying away until that happens as the CEO's address is imo all about "fluff " !
Im picking that if/when they have C R there will be one h@ll of a "truth session " with the big holders and instos so the we can all see just what the future looks like , Im staying away until that happens as the CEO's address is imo all about "fluff " !
Yeap, great idea to see how many fleas this pup really has first, (where angels fear to tread at the moment I would have thought), but that still leaves the ongoing issue of the caliber of management and whether they can be trusted to run this company prudently even if by some miracle it can be recapitalized properly.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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