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Re: golfblues post# 3888

Wednesday, 11/01/2017 7:07:51 PM

Wednesday, November 01, 2017 7:07:51 PM

Post# of 6602
Yes, they registered. It also states "to sell shares from time to time". It does not necessarily mean they will dump all their shares at once. Also, I believe they are asking to sell at $1.25/share...wouldn't you sell some of your 24 million shares if you could make 25% on you money? For me, them asking $1.25/share for a stock that they got at $1.00 is establishing a minimum value. I tripled my position with the rights offering, 2/3 of my shares at $1.00/share the other 1/3 at $1.18.

This earnings release next week may be a make or break report. If they beat and show good sales then we're looking good, but if they disappoint with little sales and we slip below $1.00 we may be in trouble.
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