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Re: Deuce22 post# 5288

Tuesday, 10/20/2015 12:04:21 PM

Tuesday, October 20, 2015 12:04:21 PM

Post# of 62159
First of all, I wouldn't be so sure that the goal is to stay listed. Variations of this management team have ridden several companies into the pink sheets. I would be happy to provide examples.

Secondly, they have six months from the date of the delisting notice to regain compliance. That date doesn't occur until after the units have separated. By then the common stock may be worth mere pennies. Look at GBSN: in a matter of months, it went from over five dollars to under ten cents after the units separated. What happened to the $24 million that GBSN had raised when they sold the units??

I have heard some whispers of a heavy short campaign, to stick it to these guys, although I have yet to see it materialize. However, the proof is in the pudding- this stock has done nothing but go down, and insiders continue to be given shares at a much cheaper price than common shareholders after which they immediately unload them on the rest of the market. If a buyback was coming, why does this stock continue to decrease in price? Who keeps selling??

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