Friday, February 28, 2020 1:37:39 PM
I don’t think Roger could even move the stock right now, because he’s waited too long to do it and now we have negative technicals. If this virus spreads for months we’re going to see losses pile up as people avoid going to these locations and spending hours touching games that other sick people could’ve touched.
250 employees is a lot of people to support. If he spent more time improving the share price, he could counter it with a small amount of dilution, at higher levels, but at these levels they’re likely going to have to raise money at .01, or lower if the price continues to drop.
how can we get this rookie CEO to understand the basics? Maybe the upcoming fear of his whole company falling into bankruptcy will do the trick. With almost $7 million debt + trading at these valuation levels he has created too much risk and it’s his fault for allowing this situation to prolong.
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and validation.
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