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Saturday, April 29, 2017 1:22:51 PM
First off, they NEED money to pay back creditors to which the previous management issued convertible debt to. If they don't, guess what, dilution! When the new management aquired amlh, they also aquired their DEBT.
In such circumstances there is no way to reduce the share structure but to either do a R/S or buy back shares for which incidentally you need extra cash!
Where are these revenues coming from? How much? When? We have NO IDEA! For a company that is over 11M$ in market cap needs to lay out proper plans. We have NONE! Completely OVERVALUED imo
Whatever I say here is my own opinion. Invest at your own risk.
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