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Tuesday, June 06, 2017 8:56:21 PM
With that being said, nice chat. But neither one of us are providing anything useful at this point. Just explaining ourselves.
And yes, I've been adamant that I believe the company has a solid business plan. My main concern was always been the debt. Always. I've been posting that since March. Nothing has changed. They made the mistake of allowing conversions too quickly before their revenues ramped up. Shareholders are taking a huge hit due to those bad loans. But I fully expect revenues to continue to escalate, and the business has a good opportunity to thrive in the future. It's a solid business plan. But bad financing terms.
One thing I would love to see, which hasn't been shown yet on the board (I don't think) is an estimate of how many of the traded shares were dumped shares most likely from the JSJ settlement.
It looked like 20-25M were today. And if memory serves me correctly, we were sitting around 60-100M going into today. Of course, that's just from what I could catch.
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