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ubmmg

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ubmmg

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Monday, 12/10/2018 9:11:52 AM

Monday, December 10, 2018 9:11:52 AM

Post# of 108192
Since Ken is back from his vacation right after the Christmas time, I expect there'll be news this year. As for 2019, the first meaningful news will be filing of Schedule 14A aka a proxy statement (late January '19). They'd ask for roughly 120M new shares, and request for an authorization of a reverse split. This proxy will tank the stock by about 30% and then we will be patiently waiting for PSA news to be released late February/early March '19. If the news are not great (and the company would know before it's released), they'd try to issue another 2ndary before the PR. That would be another proverbial nail in our collective head. No NEO news would matter if that were to happen.
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