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Tuesday, September 24, 2019 10:44:24 AM
Dilution...some, but a LOT of Discovers shares (over 1 mill$) were grabbed earlier this yr
Any dilution for the following, imo:
1: pay down debt after S800 acq or other debt
2: pay for more acqs
All of which is likely needed to secure traditional financing & move quicker now going forward.
Why don't we leave opinions out for another quarter or 2 while Geordan and the team works hard to set this up for future success and to implement thier plan. Seems reasonable and is my plan.
If anybody thinks they can do better than Geordan as CEO, I think Geordan and the directors would love to see an application to review for the position, if you think you can do better.
But since he has been here since day 1 next to his father, and prolly has been the one preparing and submitting the filings, and knows the plan and has all the contacts, I doubt anyone can do better to speed things up.
Patience
My thoughts/opinions are my own, based on research & DD, best to find your own! I invest for myself/ family 1st, then everybody else.. the same as any business!
Please do not buy, sell, hold based on my opinion!
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