Thursday, July 14, 2016 7:12:37 AM
Vince Leitaos resignation from BOD may be indicative of a plan to bring in a BOD member via partnership, JV, RM. ITD as a partner is a logical guess since they claimed the hospital was going to be built. Plus as pointed out huge tax advantage sitting in Kallo shell. What modifications would ITD need to facility? Temperature or Clean environmental controls? Testing? No idea, but it has been 3/4 months since they moved in new facility, yet all is quiet on this front. Bottomline: Everything hinges on Guinea and financing. Next week, month, year, maybe never?
As discussed to, the financiers brought this to no bid. Basically, freezing the stock until something transpires to thaw it. BOD and financiers have their equity positions, IMO. Our only choice is the HOLD and Hope. A deal comes thru and this is probably a quick 20x to 40x...
GLTA.
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