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Re: GoodGuyBill post# 62044

Wednesday, 05/18/2016 8:25:07 AM

Wednesday, May 18, 2016 8:25:07 AM

Post# of 730227

The fact that they just had to give away those warrants is a very very bad omen.


They totally mismanaged the last capital raise from start to finish, which was a large contributing factor or catalyst in driving the stock price from above $3/Share from just before the deal closed to where the stock price is today, just three months later.

I don't believe bankruptcy is in the cards. But if something doesn't break the company's way within the next couple of months, the options are either 1) there will be much more dilution or 2) they'll have to sell the enterprise. Just based on how poorly management went about the process on the capital raise, I wouldn't mind if they sold the company for a few dollars a share.
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