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Re: RamiroGaliza post# 449

Wednesday, 12/19/2018 8:04:44 AM

Wednesday, December 19, 2018 8:04:44 AM

Post# of 1471
If you just started looking at RWLK at the beginning of December and don't know the history with them, you might be able to say they are doing fine. From my perspective, they have been a disaster. Down from 1.00/share, failed to close a financing and joint venture deal, missed earnings several times, continues to move the profitability goal post backwards, and makes a financing deal at 1/3 the PPS when the agreement was made. Add to that, the fact that they have been flirting with de-listing for a long time. (Long before the PPS dropped below 1.00). Read the filings to see what they had to do to stave off de-listing.