Thursday, August 30, 2018 9:35:29 PM
I am still roaming around enjoying retirement as I hope you all do.
During my travels I get time to think of different scenarios, and after I wrote my last post to which Gopher replied with a response of reality and facts. My mind wandered to what if??
Previously it has been suggested that the HS would be sold to another company like Fitbit. And yes it could happen there are many suitable profitable companies that would make the HS a product of the century.
Now we have all seen the share price drop and the issuing of warrants which depletes our hopes and wishes of making a little investment pay off handsomely !!!
It has also been stated by a few that if HS is sold shareholders would gain a nice reward ? However that is not 100 % true.
Scenario !
Company buys HS outright ! Lexington pays its board a good profit for their 15 years ! And shuts up shop... They would legally be able to stop trading without paying shareholders anything for their loyalty.
That leaves everyone here at a loss and without their dream of an investment maturity... And what's more is the drop in Share Price with little intervention by the Board. Could easily result in the above !!!
Taking into account there is no increase in Outstanding Shares, What if anything does LXGTF have as a future and what do the investors have to gain ?????
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