InvestorsHub Logo
Followers 105
Posts 20514
Boards Moderated 1
Alias Born 06/30/2012

Re: LongTermGiggler post# 30219

Thursday, 10/19/2017 9:12:21 AM

Thursday, October 19, 2017 9:12:21 AM

Post# of 43557
This was just a fun role play but perhaps useful ?? My main point is Joey should take this on the chin to avoid MASSIVE Dilution. He mismanaged this and couldn't keep the expansion timeline. He really made some big blunders.

With another 200-250M shares becoming outstanding, this will stay in Trips even with expansion. Why even go there...he's better off doing what I suggest and awarding himself more shares later on down the line when they recover. He needs to get PPS UP and not stuck in trips for 5 years.

* Isn't it common sense that any sane person would rather have 13-14M shares at say 7 cents vs. the alternative of having 26.3M in the trips ?

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.