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Re: PhenixBleu post# 172220

Tuesday, 12/17/2019 11:55:50 AM

Tuesday, December 17, 2019 11:55:50 AM

Post# of 203913
But there is a looming something because they burn through their cash reserves somewhere in the middle of 2020 and go belly up if there is not a financing. They also need to redeem the preferred or the dillution by issuing shares to Discovery has the same effect on shareholders as a RS. Voting down the RS does not fix the primary problem. The RS is a symptom of the problem. If the RS is defeated what is the go forward plan? If there is a good one I would change my vote. That's why I keep asking.