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Re: ahab333 post# 4204

Wednesday, 01/04/2017 11:48:54 AM

Wednesday, January 04, 2017 11:48:54 AM

Post# of 4218
Red Diamond is a diversified, privately held, private equity company. It has been around a while. Yes, it can have a habit of trying to help "distressed" companies while saddling said companies with exorbitant debt and equity service. Unfortunately, when a company is as cash strapped as GTHPD is cash strapped, then few alternatives exist. I would give this venture, based on history, about a 20% chance for success and only if GTHPD is on the verge of cracking into some major foreign markets plus getting back with the FDA.
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