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Re: powerfullogic post# 3645

Monday, 05/08/2017 10:15:56 PM

Monday, May 08, 2017 10:15:56 PM

Post# of 4221
So all 2ndaries are futile and you can't turnaround after a wrong strategy, like the biofuel disaster?
Powerful logic .. a slightly bit overdone for my taste.

Sure the ownership gets diluted, but not much more than before with dilutive debt (anti-dilutive clause).

Look who is the big new partner: DMS:
- 1Q17 $2.3612 BILLION in sales and net profit of $136M
https://www.dsm.com/corporate/investors/results-and-outlook.html

I would say, better own 70% of a soon performing company, then 100% of a fully indebted company with a high BK risk.

You may also glance over what DMS offers, it would be quite an accelerator for this little company. Let's see.

Good day Gentleman

PS: Neither Doerr nor DMS will dump on the market.

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