Wednesday, May 15, 2019 8:48:53 AM
To me it's about rescuing shareholder value for everyone who got burned by Bobby. I'll be fine no matter what as I just build companies and make money, but there are people out there who've lost literal fortunes. I think about the poor guy who a couple of years back, pre-reverse split, paid $4.00 for shares, the highest price yet. Now, no-one here seems very good at math throwing around numbers like $6, $7.50, etc., but that guy needs a $12,000 share price to get out even.
We know that's not going to happen. Personally I took a $20,000 beating on the stock that I sold out my position before the end of 2018 to take the tax loss. I bought in just like everyone else, based on the promises and the potential, and got burned like everyone else. The only difference is I am the single person who could turn this around. I don't care about the $20k, that's a nice vacation but it's not going to change much for me, but rebuilding that $20k for someone who bought into Bobby's BS and lost 30% of their retirement would make a huge difference in their life.
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