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Re: uf2449 post# 13241

Thursday, 06/19/2014 11:54:45 AM

Thursday, June 19, 2014 11:54:45 AM

Post# of 34668
you wrote "Is there any possibility to reverse all dilution and borrow to another bank?"

I would be guessing and say no.....but i dont know of any situation like that ever occuring.......

i believe as these shares were issues to hannover..they were being sold into the open market pretty much that same day.....so hannover can get the cash that was owed to them by court order.

hence the only way to buy back those shares is in the open market.......but with what money? and at what price?? they should have sold it all when the company was trading above 3 dollars.not continued selling even at 40 cents....

sell at 40 cents and buy back at 70 cents?? doesnt sound like a good strategy to me.......

if this stock drops to 10 cents and they have reduced their burn rate to almost nothing<dont hold your breath>....then a buyback would make sense for them........as when apple bought back their shares at 500 bucks....it worked for them......but newl is not appl......

if i am mistaken and there are examples of reverse dilution in any other way..........as if hannover still held those shares and would sell them back for cash...please correct me and post examples.....i believe those shares are long gone....

newl should have sold off some assets and paid the damn loan off........borrow against a piece of their Mine if its anywhere close to a 100mil price target.....

the way this played out tells me that newl doesnt have the book value that people assume.......how many times have we sold our cars well below book value?

anyways.....good luck to all except the pumpers and dumpers

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