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Thursday, August 12, 2021 8:23:59 PM
10-Q filed today, its an interesting read. Man those lenders made out real well this past February.
Its a mixed bag really with regards to funding, we gave a ton of shares away at very low prices, while we also raised a ton of money at high prices, not much in between, so it makes it real interesting, not something I recall seeing before.
And again, the CEOs 20 million shares are at 24 cents, which for us is great, he's really got to perform and we have great opportunity for profits up to that point which he does not. So many times I have seen, the CEO has advantages, and we have advantages. I'd rather be "we".
Finally I really like that they are on time with their filings, that's what I want to see, no excuses, just get it done and they are on top of that and its important especially for any notes that have penalties and while I think the notes are done, still important as the SEC and brokerage houses start crackdown mode.
Its a mixed bag really with regards to funding, we gave a ton of shares away at very low prices, while we also raised a ton of money at high prices, not much in between, so it makes it real interesting, not something I recall seeing before.
And again, the CEOs 20 million shares are at 24 cents, which for us is great, he's really got to perform and we have great opportunity for profits up to that point which he does not. So many times I have seen, the CEO has advantages, and we have advantages. I'd rather be "we".
Finally I really like that they are on time with their filings, that's what I want to see, no excuses, just get it done and they are on top of that and its important especially for any notes that have penalties and while I think the notes are done, still important as the SEC and brokerage houses start crackdown mode.
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