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Re: RealDutch post# 162397

Thursday, 10/22/2020 2:41:25 PM

Thursday, October 22, 2020 2:41:25 PM

Post# of 163722
Sorry you are in that situation. I can understand your frustration.

Hopefully, you'll get the benefit of what the plaintiffs implement, and you'll be able to sell at a higher level.

I guess my thinking is that even if they have had a very bad year, and need to write down assets by 50%, (which would be a huge write-down) the last financials showed assets of about $11 per share, even at 60 million shares outstanding. So at 50%, we would still be at over $5/share.

Even a 90% write-down would have us over $1 a share.

I think that is why Fredly and Halesworth were willing to spend the money on the litigation, and are willing to put in some effort to unlock some value.

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