Monday, December 04, 2017 11:36:05 AM
That is the height of denial. They have no designs of their own to improve on and even IF they did, they don't have any money. The only reason Venger hasn't challenged them on supposedly buying the Helix assets is there was no value to anything left at Helix and not worth paying an attorney a penny to prove in court.
Wait until you see the next 10-K and see how little cash they have and how much they owe that they can't pay back selling shares for under a penny. They may have run out of shares to sell under the latest EPA. With the outstanding loans totaling almost $200K and no way to pay them, look for bankruptcy to come when they can't pay the rent.
It always amazes me when people choose to get nothing instead of something for a bad investment, but it is your money and your right to throw it away.
Seriously, have you ever actually read any of their filings?
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