Monday, June 03, 2019 8:48:21 AM
This could reach the price goals you mention with current SS if retail behaves itself! Back to pennies where it belongs.
The company did state in so many words that it is eschewing future toxic debt, wants "less expensive" financing only: and co's must generally always clean up such toxic debt B4 a merger/acquisition:
This point you make a couple of posts further in reply to this is very true, we've been pointing this out:
the 30B AS is not dilutive it's for control and acquisitions. 3 month chart shows .01 break
So in anticipation of any merger/acquisition a company must clean up toxic debt/ allow committed conversions to take place; not take on any more of same; have a large enough A/S to fulfill new plans;
This speculation from Opinion (replying to you) is interesting too:
I think like someone said before he didn’t know how to run the business going forward so Sri stepped in to clean it up before a merger/buyout. Selling the GXXM sounds better...
We KNOW the GEX's new management believes Dorvil didn't know how to run the business as it expanded, they implied as much in the Q1 by playing up how he'd started the company as a college student and its fast growth... then he's gone...
I will say all the collective DD on this thing is worthy of an article in itself, once the ending is written! Here's to a good week!
It's "just money," enjoy it but can't let being upset about losing sometimes get in the way of enjoying your life.
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