Friday, May 13, 2016 10:31:49 AM
JRJR has to pay another 50,000 penalty shares to Dominion on Monday if they don't file the 10k to avoid paying $10,000 in cash. If they don't file their 10k Monday, they will have to file another NT for Q1 and you longs will hold stock in a company that has not filed a financial statement in over 6 months. The big question is - if no 10k filing, who will you sell to on Tuesday?
Other questions for the bulls -
-How many times do you estimate that they will give 50,000 shares to Dominion to save that $10,000 in cash?
-How many times will JRJR trade for $1 per share on the same day that they give stock away to Dominion at 20 cents per share?
And the last question that everyone avoided when I asked it before - what happened to the $500 million "war chest"?
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