Thursday, August 02, 2018 1:45:09 PM
But last I checked you could not get shares outstanding as people here stated the TA was "gagged"
And "remediated" debt in what way? This thing dropped from 3x where it is now in 3 months on heavy dilution.
Does remediation include all those conversions that took place? then the rest thrown into convertible preferreds?
Are those preferred stock shares convertible? My guess is they are or might be.. you need to know that as well.
Also only two toxic loans left? Well that is nice but what is the amount of those loans so we can calculate the total shares that can hatch at these levels.
Moves in the right direction but really premature to say this thing is fixed in any way. Just my opinion. Company has good product for an industry that needs some good news. Other things have gone well but no one will throw big money at something when you do not know the shares or amount of dilutive notes left etc..
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
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