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Re: Toxic Avenger post# 18949

Thursday, 03/29/2018 4:23:04 PM

Thursday, March 29, 2018 4:23:04 PM

Post# of 51534
i'm sorry but what does having the price sit at .12 accomplish for anyone and why would delfin be so eager to keep it there, enough to go through the trouble of dragging out filings and having the shell they just bought risk non-compliance? also in the event of a r/s and offering with preferred shares i only see the potential for maximum liquidation down to .00001 of around $40mil. and then what? that's not nearly enough money for any kind of substantial operations to deliver on the contracts they have. unless you're implying this is just a huge money-grabbing scam and all these contracts will be nullified. do you have any idea the amount of funds needed in order to just keep a ship fueled up with diesel, let alone transfer tonnage of cargo across oceans? the cost of hiring the crew and all the licensing that goes into the logistics of ocean transport of LNG?