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Saturday, October 31, 2020 9:14:51 AM
1. It’s better to just pay the damn loan than to renegotiate it.
2. They will pay it with a toxic loan after the RS. So in affect, they will pay it with shares.
Anshu could care less about current shareholders.
Could this stock bounce back after he runs it from .50 down to .03? Possibly. But it will take a 2nd RS for him to ever uplist.
Nobody invested now can possibly make money on this stock. It’s dead for now. In fact, it will get much worse after the RS.
It’s the only way Anshu can pay the bills without having to sacrifice anything on his end. He’s a terrible leader for a public company.
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