Thursday, August 03, 2017 4:50:11 PM
I started out in the 80's at an investment banking firm. I finished my career about 10 years ago as a commercial lender, so I have a little experience in both areas. However, I'm sure alot has probably changed so I do not pretend to be an expert in these matters.
6 months ago this stock was trading at about $.70 per share (pre-split). I believe if you were to talk to management at this point, they would not agree with your "exit strategy.
I do agree with you in the fact that the company is already public and that should be an asset. But again I come back to the fact if the Public only values your company at $20,000 or so and you believe it will be worth much more in the future, Taking it private would be the way to go.
Like I said before you could always go public again for an Exit strategy. And as I also said before, going public has traditionally been a way to "cash out" thus an exit stratagey.
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