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Thursday, June 08, 2017 12:05:59 AM
For those that own shares in XTRN prior to May 31st, the smart move would be to hold on for a little longer since you are not affected by XTRN's performance, and see how XTRN price per share turns out, if the PPS rises high enough where any holder can get out in profit, then by all means take your profits.
If XTRN price tanks and ends up at no bid, then you would be advised to convert for XREE, that way you will be able to turn your shares into cash again, even though the process is lengthy, and shares converted would be restricted for 6 months before one can sell, at least you will not be sitting at no bid.
From the conversation i had with Mike Barron CEO of XREE, his trading team is buying up stock of XREE and their goal is to bring it back to $3.80, prior to the buyout deal, as we can all see the XREE stock has recovered lightly to $1.50 from an all time low of $0.30 today, still 60% down from an all time high of $3.80.
XTRN shareholders prior to May 31st are immune and unaffected to XTRN price performance, which is the best place to be in right now.
I saw advice on one post asking to average down to owners of shares of XTRN prior to May 31st, that is an aberration and an attempt to lure people in XTRN after May31st, it's already established that owners of XTRN post May 31st. will not be able to convert for XREE shares.
So anything added to your share amount post May 31st will only make you a shareholder into the shell XTRN and nothing more.
Unless one sees an opportunity to buy shares at .0005 thinking XTRN it's bottomed out, then, that is a different story, as i said XTRN shareholders prior to May 31st are immune to XTRN pps.
Also, do not rely just on anything posted on boards, blogs, and social platforms such as this one or Ihub, pick up the phone and call, send e-mails, talk to your brokerage firm, it's the safest way to make a smart decision.
P.S. I'm not going to waste anymore posts on this board, since everyone here is clueless, feel free to visit the link bellow for a real conversation and real facts.
https://www.facebook.com/XTRNshareholder/
C4urself the 1st Ammendment.
Don't assume that i don't know, and i wont assume, that you have no idea.
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