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I'm not trying to effect the outcome of the merger...
The point is releasing 25% of your work force is a heavy move and is bound to create some problems in the future. 380 employees is no walk in the park
That 25% layoff isn't a good thing
Your point not mine. You did comment on to my post telling me I was wrong
What? That's not even the point slick
Fair enough
Not 25% of your workforce...
I don't disagree with that statement at all. People here just get hostile with me for saying things that aren't what they believe and try to put words in my mouth. All I said is firing people isn't a good thing. It's a road bump in the business world and has to be overcome and causes human resource problems. Yes, people who keep their jobs will be greatful, but often times you find that people who are fired want to claim for wrongful termination. This has a trickle down effect that can pose various problems
Doubt is a healthy thing but to each their own
I never said that cutting costs is always a bad thing. I said that laying people off means you will be less efficient which isn't a good thing
I agree with reducing costs but efficiency, really? Come on. These companies are thousands of miles away. The only contact they will have is through board meeting maybe a couple times of a year. This is all Rontan's doing and GDSI has no choice but to let them do their thing
First off. Why would GDSI send employees to Brazil? Second off, you are not more efficient when you lay off 25% off your work force...
The way you started that means that you are not willing to listen to logic. Good for you, you have some degrees... But to think that losing 25% of your workforce is a good thing is just naive
As a CEO of a private corporation, this is wrong. Employees are specialized to maximize efficiency. You don't just fire 25% of the work force because you think they will be a "cancer". It takes time to train new people into a role and as we all know, time is money. You fire them because you have to cut costs and after a layoff, the employees will have to cover the jobs of those who are laid off. It is not smart to increase the work load of employees without raising pay but you have to do it sometimes... Only after you increase workload for no more pay do you get the employees that you call cancer
Regardless, a layoff means that the survivors have to carry a heavier workload without higher pay. That creates human resource problems
Firing people isn't a good thing... That means they are not producing the same as before and have to make budget cuts
Yeah me too. I would like to find some clues to feed my curiosity
They claimed a debenture of around 500k in the 12Q. A debenture is technically used in housing contracts
Remember. Only positive things
One of the most important aspects of a company that the CEO will never talk about unless questioned
Do they have a Chinese child labor force? Because these other companies do and can produce G-Pens for dirt cheap
Facebook is an excellent source for DD
Charts don't matter here. You need a catalyst and some volume
Nice looking bounce play
That's a positive thing. I'll be looking forward to reading your post
That would be nice. If I had my guess I would say there is still about 50m left since the volume is so low but hey, who knows
I doubt it's maxed
Deal still has to go through. Until then it's just GDSI and their convertible notes
You should see the private message he sent me for posting a quote from the company saying they were intending to dump shares
The pay by dates are written
That's the US's law. However the law quotes that the receiving company has the laws of their country abided by. I'm am not a lawyer so I cannot say if the receiving company is the ones receiving shares or receiving the acquisition
Only Rontan's shares are locked up. Not GDSI's. They can do whatever they want
All I did was ask a question? If you can't tell me why then why comment in the first place?
And why do you say that?
Except more shares means lower PPS
Still not a good thing...
I hope so for the sake of investors
once the A/S is maxed, a RS is in the making. Companies with a maxed A/S will need to get creative in forms of Capitol. That being said, a RS is almost never a good thing
It's 6 months late
Oops that's right... Positive things only