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Re: A deleted message

Friday, 09/09/2016 10:14:48 AM

Friday, September 09, 2016 10:14:48 AM

Post# of 140483
With all due respect, I gathered from both yours and posi's conversations with Randall that he was "confident" and "not worried" about financing because they had deals being put in place for funds aside from having to dilute . Let's be honest, the underlying assumption was it didn't mean dilution via shelf offerings. That it meant other means of financing.

So now that they did a shelf offering, I completely understand what he meant by "he was confident" and "not worried" about getting financing. He was just going to dilute the stock and go back to the shareholders and fleece the hell out of us. That was and is their "Plan B". This company is about to be flushed down the toilet from an investors standpoint. If this shelf offering doesn't bring the necessary money to get operations back up and going this investment (from a value standpoint) is done. There is no "hand shake" deal with anyone. They have zero potential investors other than the sharks circling the water waiting on them to drive it to a point where they can swoop in and buy this out for pennies. This shelf offering better be a home run folks.