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Posts | 38765 |
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Alias Born | 04/29/2008 |
Tuesday, May 16, 2017 9:51:18 AM
The company is dead.
They can do a deal like DRYS (perhaps), but that hasn't been any better for shareholders than doing nothing.
No bank will loan money to TEUFF. The company has no money to put down a down payment and the banks that loaned previously all took huge haircuts.
They may try a secondary offering after a large reverse split, but at this point, I don't see any way for shareholders to recoup, let alone profit on this stock.
TA - Over $500 million in toxic funded pump and dumps exposed and growing every day!
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