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Tuesday, July 05, 2022 5:17:02 PM
First, I had to clarify a couple of things about my previous posts I made about XTRM Offering of Stocks [REMOVED THOSE POSTS!!!], said it as a negative step, but the company canncelled the Offering.. that is a great news..!
Extreme Biodiesel, Inc. The Company’s Board of Directors has approved the motion to immediately terminate the Reg APress Release | 01/19/2022
Boise, ID, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Extreme Biodiesel, Inc. (OTC Pink: XTRM), The Company’s Board of Directors provides this update to shareholders and the public.The Company’s Board of Directors are excited to announce that a motion was passed to terminate its Reg A filing.
I mentioned it as a dilution, since it is canncelled it is not a concern at all, we are clear here.
Secondly, the debt level bit high, but considering the fact that companies making revenues and expected to generate about 20M in the year 2022, that is another great news, regardless of the debt, this year revenue will bring down the debts further.
with those news, XTRM is ready to Rally, a breakout is imminent!..
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