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Monday, September 14, 2020 8:12:09 PM
Remember the company is in debt to a 2015 prior investor who grabbed an investor opportunity to stronghold this company until that debt is paid off. Strategy can be a matter of interpretation when assuming company debt. The CEO elected to use his investment to buy RE income but did not financially address the previous investor. I am not going to arm chair quarterback the CEOs decision -- but perhaps counsel may have considered a buy back option. Instead since the company is cash poor at this moment they have this investor pushing stock prices around busting the rest of us who get impatient. IF you keep your finger off the sell button this stock will rise as it pays off the 2015 investor.
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