Wednesday, July 29, 2015 2:14:44 PM
Keep in mind that they're probably not paying more than .00005 for the shares that they're selling, so they can bid whack the .0001's all day long for a 100% return.
As far as the future prospects go, time alone will tell. IF Donnell can find other investors willing to buy out the Canouse clan and actually try to build a business, Q may have a chance.
However, odds are against it. Even if the Canouse debt gets bought, the new debt holders will probably do the same thing and just use retail shares as an ATM for their own benefit, with no regard to the success of the business.
Donnell's going to have a hard time convincing the market that she can be trusted considering the history here of which she has been an integral part.
Most who buy Q shares end up using it as a tax write-off....
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