InvestorsHub Logo

MSU

Followers 19
Posts 4459
Boards Moderated 0
Alias Born 08/11/2010

MSU

Re: cleverrox post# 3676

Wednesday, 10/26/2016 1:14:32 AM

Wednesday, October 26, 2016 1:14:32 AM

Post# of 4911
I think he will be the CEO regardless, what the board will do is vote to try and find a buyer, probably in the .01 to .03 range. This company has value with 20 years of losses as a tax write off. Just depends if the product is in alignment with the buyer.
Other wise the lights will go dim then off. Future dilution financing will be almost impossible with no one bidding on the stock. Fair market value is well below what it is trading at currently. The major stockholder Wayne Kinsey had more interest when he owned Benchmark, but now that seems like a distant memory.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.