Tuesday, May 14, 2019 4:27:21 PM
I'd expect Bobby realizes that the day of reckoning is coming, and I personally wouldn't be surprised to see his go to jail over this one. He's had a run in with the SEC in the past, and generally, as a one time only offer, the government will let you claim ignorance and give you a pass. He's used up that pass. This time it's a patter and they put you away for a pattern.
The ONLY way the shareholders have a chance of being made whole in this situation is if I DO IT. I'd fire everyone involved and install my team.
No-one's stake is worth anything. Yes there is debt out there floating around and I think I know about most of it. That debt is worthless and those debt holders know it.
Without me, NO ONE gets anything out of this. The price will keep going down and eventually it will be delisted. I can bring this company to life, throw some cash flow generating products and services into it and turn it into a real company, instead of the BS shell it is now.
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