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Re: profit227 post# 21021

Tuesday, 09/22/2020 4:47:12 PM

Tuesday, September 22, 2020 4:47:12 PM

Post# of 23479
I don’t see how this gets back to a dollar+ anytime soon. Acting on that LOI would go a long ways. But investors would still be leery from all the previous added liability. Currently without action on that LOI, the real value is no where near a dollar per share imo. I’m a shareholder, and not trying to down-play, bash, or disturb what’s going on. But just being a realist. I think seeing a dollar+ even with action on that LOI might be a bit of a reach until they can become self sustainable and stop outspending their earnings. If they do make action on that LOI, then there will still need to be calculations of the unknown offering to begin to find a true value. If no progress on expansion is made, then the offering is only going to lower the current true value per share.