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Re: Mr. W post# 26714

Friday, 08/17/2018 2:03:16 AM

Friday, August 17, 2018 2:03:16 AM

Post# of 54275
Come tomorrow morning, the shares will likely trade for much less than $1.

It's a terrible announcement. They have nothing.

Only $6m of cash left on the balance sheet, and that was June 30. It's likely $4 now.

The company is still being valued at $60m @ $1/share.

There is >90% downside left.

Fair value is by my estimates $0.05.

I will be proven right, once again. Time is my friend.
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