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Re: Zepellin post# 31572

Friday, 08/26/2016 10:17:08 AM

Friday, August 26, 2016 10:17:08 AM

Post# of 57963
"If it was on the cusp of $12 a share they'd be renting office space in Riyadh. On the contrary this sounds like a company hunkering down for busting shares out at an ever decreasing value to pay salaries.
"
Amen brother! A $750 office in Goleta is the size of my wife's walk in closet!
They could not swing 2 more years on state st to fulfill the lease after spending hundred of thousands for years!! Instead they take a -$1300/month loss on the the existing subtenant Lease and move to a small box. If this was 17 years ago I would say bravo for understanding it needs to lean and mean...but it's hard to wrap your arms around this move when former executive are getting paid 5 times that amount per month for going a crap job.
Pundits believe the convertible note gravy train will never run out but we see big blocks going off at .0125 and nothing on the KMI contract except this" working to finalize acceptance"... This after 6 months!