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Post# of 108192
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ubmmg

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ubmmg

Re: thewellnessway post# 101213

Thursday, 08/22/2019 8:43:16 AM

Thursday, August 22, 2019 8:43:16 AM

Post# of 108192
It's clear that the letter is not intended to address the legacy shareholders -- we are an afterthought for Berlin and the management. The letter is written for the "new" shareholders who keep dumping the shares as soon as they are converted from the warrants. Even Ken likely now realizes that the new financing is off the tables until he delivers (which is not going to happen this year).
On the other hand, I got an inkling that KB wrote this letter to cover his butt before taking it private. "Well, we did all we could... Too bad, the markets are stupid...". But, how can we think that Ken's intentions are to screw all shareholders. He ain't no crook, ain't he?
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