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Alias Born | 04/26/2013 |
Friday, March 31, 2017 12:37:08 PM
If all of the warrants and options were exercised, it would add cash of about $15mm, which could be used to pay off the debt and do some acquisitions, though the exercising of those derivatives would likely pressure the stock. I would like to see them do a smart acquisition if they do raise that capital. So far, none of the buys has really proven to be accretive to the value of the company. Feinsod is a sharp guy, so maybe he will get it right eventually.
If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.
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