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Thursday, May 02, 2019 2:55:45 PM
Also, yes it’s good they are expanding in Asia but again, revenues from these courses wont let them help make a big dent in their outstanding debt. Bob went over his head in taking on so much toxic debt. Note holders are not converting probably right now due to stop sign, but as soon as this is current, big conversions would take place. It’s possible no conversions would happen, but we have no idea whatsoever because there is no communication about it from company and no filings either.
To be honest, this stock is in a limbo. Maybe by end of this year this will get to $5 or $6, that too only with IB funding news. If that doesn’t happen, then unfortunately this will be written as a tax loss for many, including myself.
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