Followers | 375 |
Posts | 16982 |
Boards Moderated | 4 |
Alias Born | 03/07/2014 |
Friday, July 11, 2014 11:42:24 AM
It's "run" itself DOWN, just hit .0232
That's a downhill "run".....like it does everytime (every time)
Market cap at .023 is now 10.82 million. That's not even equal to their outstanding debt.
Book value negative, cash flow negative, return on assets or equity huge negative, operating margins negative. It's a lot of negatives IMO. What supposed "big financier" is going to sign on at 2 cents a share and for what reason, when they'd be stepping into a pile of already existing debts? Who would offer debt financing in this situation, unless it's an ASHER type deal, where they guarantee their downside via the convertible, steeply discounted shares so they essentially can't lose, no matter how low the share price goes?
Of all the investments opportunities out there and places to park some big money, some "financier" is going to choose this? I just don't see the logic behind that, IMO.
Dilution "financing", in spurts and trickles, is the only thing I see continuing here, IMO.
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM