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RNsidersbuying

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RNsidersbuying

Re: None

Wednesday, 02/17/2016 11:33:08 AM

Wednesday, February 17, 2016 11:33:08 AM

Post# of 2109
Wriggled out in the past several days, what a fustercluck this was/IS! Management spent some $18M free cash to buyout a 15-year money sucking loser - oh wait - spent 18M cash to buy only 38% of a money sucking loser?

Projecting this one is off to stinkypinks come the March 8 under$1deadline and a pps dipping well into the .teens, or less, which makes a 10-1 RS much too small to maintain (or more likely attempt to re-establish) a NAZ listing.

Losing some cash on this pos is one thing, but I'll not be losing any more sleep trying to dream up even one positive in this fustercluck of a deal?
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