Element Global Inc (ELGL)

[ValueInvestorOTC]

Money makes the world go round!!

I still don't understand the whole Clarinova bond issuance? There "is/was" a $600mm EUR zero coupon bond due in Oct - 2022.

That is a shit-ton of money? We haven't seen any filings on the money situation, but then again ELGL has no filings, but money is the biggest thing for any OTC stock - whether they earn it or raise it.

OTC Stocks are always looking to raise money - that back and forth battle drains management, the company, resources from focus on the business. Does the company have the money?

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If ELGL has the money, now migrates or merges with BRVO which seems to be happening - WE WILL SEE EVERYTHING REVEALED SOON ENOUGH.

- BRVO is Reporting.
- BRVO is Audited.
- A Clarinova bond is non-dilutive to shareholders - but does come due soon?

That "DIAMOND in the Rough" you mentioned could be the understatement of 2021.