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Re: Marxbys post# 34891

Friday, 06/30/2017 2:02:30 AM

Friday, June 30, 2017 2:02:30 AM

Post# of 61155
That's right Marxbys. In a sense it's a loan that is being paid by us, the investor/shareholder.
Once complete, this combination of companies, once developed to compliment (or as the CEO put it "synergize") each other under the MMEG umbrella - should produce meaningful revenue, improving quarter-over-quarter ... which is what we believe (and hope!) will happen.
It all depends on revenues, if we're in Q1, Q2 '18 and there's been no meaningful growth or revs, then with all these shares out in the market (a bit north of 1bil, IMO, when all is done) then we might as well put a "fork in it."
But, if $$ is generated at a substantial rate, market share growing, and improvement quarter-over-quarter. Then anything is possible when one has $$$! Re-negotiating with note/debt holders coming due next year (Like they re-negotiated terms & obligations early this year [I believe, or late last year?]) and paying them off.
And to improve the Company on paper (and as a thank you to shareholders who technically "financed" these deals) they can phase in some share buybacks and retiring those shares, making the SS more attractive.
As we know, it's all about potential revenue generated; which we won't fully grasp until Q4 (if we're lucky, maybe Q3). Hence, one has to be a long.

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