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LouisDesyjr

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LouisDesyjr

Re: sambeaux post# 1256

Tuesday, 03/29/2016 8:05:02 PM

Tuesday, March 29, 2016 8:05:02 PM

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Why trading for $0.30?

One of the reasons is that there was a big run up after the DIP financing was announced. Most of the retail market thinks that meant the company and the existing common shares were 'saved'; when in fact they were now even further away from any recovery for the common shares.

Louis J. Desy Jr.

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