Banro Corp. fka BAA

[blackandgold]

story of Gran Colombia is perhaps a precursor to the Banro path

few months ago they defaulted on their debts with restructuring and massive writeoffs and huge outstanding future warrants

obviously priced into the share that traded at 0.10 prior to their 15:1 share split. if you held from 2014-2017 the position likely to be down 95%

POS moved upwards in last 3 months but GCM did not budge. based on rough 1300 levels BAA would still have too many liabilities to clear a positive eps in q2 and q3

no point participating in a two dysfunctional miner race