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Thursday, January 07, 2016 6:24:27 AM
Yet it does not take a lot of simple math to see the share count and structure cannot support much of a rise in price.
Is there a pending RS? at some point yes, is it next week? Who knows, the notes must be paid first. Are they all paid, I have no idea anymore. We knew this onslaught was coming a couple of years ago. So this whole 'rs next week thing' is ill advised to say the least, unless someone can show the math. Hell it could be a year off yet.
Can they continue doing business with the current share structure? Yup sure can. Can they get loans to expand the company in any multitude of directions with the current share structure? Not much, not much at all, if any, at all.
Which points to revenue for further expansion, which as far as we have been told, there is none. Which send us back to debentures. Which sends us back to share structure, and leads us to a reverse split to open up liquidity.
Failed acquisitions are a daily occurrence. Are they meant to deceive ERBB shareholders? Highly doubtful. When people will buy into a ticker on news instead of the numbers, it completely nullifies shareholders complaints. It's all forward looking statements.
Disclaimer: Everything I post is opinion and is not to be taken as investment advice. You make your own decisions based on your own judgement. Do your own DD = 'Due Diligence' = Your trade, Your responsibility.
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