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Re: flipper44 post# 200628

Tuesday, 11/27/2018 12:30:30 PM

Tuesday, November 27, 2018 12:30:30 PM

Post# of 699514
Flip - I keep coming back to the fact that there was no reason for them to announce delay of 3Q results due to ongoing negotiations, even for one day as turned out to be the case. The 3Q results were already locked into place at the time of announcement (any negotiations would only affect things going forward in Q4). Only reason to make that delay announcement was to get info out there that they were in late stage parallel negotiations for alternative financings. They clearly wanted someone to know. There would be no reason to make this type of announcement if it were simply another dilution or toxic financing. No idea what it is, but it is something different than in the past couple of years.
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