Alto Ingredients Inc (ALTO)

[moneym8ker]

There’s no emotion here.

PEIX just closed a $75 million dollar offering.

That offering was directly for shares and warrants for shares.

If you think it’s improbable that PEIX goes back to under a dollar then you should have owned them when they were at $.022 and someone said they are going to $11.00 or higher.


PEIX should have used cash on hand to buy back shares. What they should not have done was leaned on the tired investors who finally saw the light at the end of the tunnel and diluted them once again.

Shareholders watched as management sold shares to lenders so they could buy facility after facility and they promised each one to be accretive...and they weren’t.

Now they’re saying this deal will pay off debt and be accretive.

Shareholders kept being fed shit and told it’s caviar.

Proof is in the pudding.