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Re: southacresdave post# 1191

Saturday, 03/28/2020 9:18:12 AM

Saturday, March 28, 2020 9:18:12 AM

Post# of 1386
I guess the hope is that they are putting in the risk factors because the lawyers, and what they end up doing is either secure a loan off of their big build up in inventory and/or apply for the new government lending programs, some of which will turn into a grant if they maintain payrolls.

But if they are going to eventually issue shares, you would think they would want it done at or above book value, not at 40% of book value. These guys need to put out some kind of information of what the actual status is at the moment, what their cash position is, and what lending civilities they intend to pursue.

If they stay in silent mode, this thing could be 50 cents in short time and then they are going to act all confused on the next conference call on why that is.
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