Wednesday, October 02, 2019 9:32:04 AM
Consistently Hayward has been doing shelf offerings over the last five years to garner cash flow.
Why? Because it’s the only source of cash flow. Hayward and the board of directors have never been able to generate cash flow through operations.
Further insult...non performing employees and board members are consistently paid with stock, further diluting retail investors.
I’ve been watching this broken record for a long time. NASDAQ is plainly and simply Hayward’s cash cow. All the while having shills on this board pumping “ just wait for 2 years”, over the last 29 years.
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