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Re: MikeKnowsRunners post# 81126

Wednesday, 05/18/2022 2:28:23 PM

Wednesday, May 18, 2022 2:28:23 PM

Post# of 81577
Yes Mike, all CAC investors share the pain.

The failure of CAPC to maintain sufficient operating funds to continue operations except by defraying overblown executive compensation and then desperately borrowing money via expensive private loans is another blot on managements perceived competency, Yes it may keep the lights on for a few months but at what cost to the the stocks reputation. Let's remember that these loans were not altruistic but necessary.

They already blew their chances to obtain reasonably priced credit.

Also, the LED business has dried up and left another giant hole in earnings where, as your post mentioned, there had been previous success.

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)