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Perlowin should have never stopped selling products on their website. it was the only revenue the company had. it's almost as if he has intentionally tanked this company so he could buy it on the cheap later.
if the mgmt takes Charney's $300 million dollar offer, which repays all debts in full, the shares remain intact.
if mgmt decides to go forward with bankruptcy and the judge allows it, shares are worthless.
Charney's plan is superior, but will mgmt be willing to sell? that's the $100+ million dollar market cap question.
will a judge allow a bankruptcy if there is a willing buyer?
do you think the governor will sign it?
do you know how much cash they have on hand?
is there a timeline for when the NC Gov. might sign this?
set your shares to sell @ your target price or higher now so they can't be used to short.
that's Australia
before which elections? Ohio? the only meaningful elections will be 2016, inho.
what's the expected news?
A LOT of fluff in that press release. I can't believe they let their product line sales plummet. That should be their bread & butter & the N.C. plant would be the icing on the cake.
A massive decrease in SP is coming with those financial numbers.
it hasn't been delt with yet. in reality, we don't know if it'll be a $1.8M or $330K setback.
"One of the Company's commercial customers is claiming that their solar system has significant defects and proposing to conduct repairs estimated to cost of $1.7-$1.8 million. The Company believes that the repairs proposed by the owner are excessive and has taken a reserve of $330,000."
http://seekingalpha.com/article/3316655-rgs-energy-is-the-bottom-in
So, they didn't dilute shares to convert this debt?
They're not losing $2.3M in operating losses, as the last CC said?
They don't have a pending minimum $300K lawsuit to deal with, as pointed out SeekingAlpha?
What am I not factual about?
the "profit" came from a major dilution of shares. their operating losses were $2.3M. at current burn rate they'll be out of cash at the end of the year & they've still got a $300K lawsuit on their hands.
they had a $2.3M operating loss. the "profit" was only from the PO.
hate to burst your bubbles, but you can get real cheap hemp fiber from China.
1/10 reverse split. it's sub penny presplit.
higher highs, higher lows
Lower support levels broken. &1.10's coming! GLTA!!!
hidden in the rabble is a $2.3M net loss, which is why this is going down.
somebody is buying everything that's thrown at them @ .02, 6 million shares in 17 minutes. HOLD LONG!!!
what's your rational for that?
companies going into BK don't go on hiring sprees.
Shorts are almost non-existent.
http://www.shortanalytics.com/getshortchart.php?tsymbol=rgse
automated posts don't have authors and aren't given credibility by Nasdaq. Lacey has decreased losses by 2/3, or $9 million in the 2 quarters he's led this company. no reason to believe that trend won't continue.
Wrong. it was $.80 pre split, or $16 post split. this was just updated last night.
1-year target $52.
http://www.nasdaq.com/symbol/rgse
Looks good. Lower costs, climbing revenues, much lower loss. This is the making of a turn around.
for hemp to reach $100 it would be a $220 Billion dollar company. Such a ridiculous statement.
This rally won't go very far so long as Hemp is illegal.
yes9, how many shares do you own?
dead cat bounce? no new news
what happens in December?
HOLD LONG, ERBB ON!!!
HOLD STRONG, ERBB ON!!!