InvestorsHub Logo
Followers 18
Posts 1562
Boards Moderated 0
Alias Born 08/23/2017

Re: DD-214 post# 23289

Monday, 04/23/2018 9:00:57 PM

Monday, April 23, 2018 9:00:57 PM

Post# of 70440
They are dissolved just delinquent on taxes based on an improper assessment. This literally happens all the time. Even to fortune 500 companies.

You were correct about FL but I think your assumption of a r/s down to a/s of 1M is highly improbable but yu are correct it is possible. It just doesnt make sens to me because then what is your float going to be? A pps of $100 that never trades is worthless. I dont see that helping the company and in fact it would hurt the companys ability to get financing.

I also dnt see this CEO doing a r/s. He has been asked and recommended to do a r/s for the past year and a half and has refused. When asked recently by many of us if he would do a r/s he has been very consistent and not only said no but expressed how much he dislikes them. Also, why do a r/s after a merger? it really doesnt add up. JMO but you could be correct