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Re: Bubae post# 43895

Thursday, 08/25/2022 5:22:04 PM

Thursday, August 25, 2022 5:22:04 PM

Post# of 49912
For the creditors (and Leon on a personal basis), instead of looking at this business as it usuall has been (looking backward is quite stupid) ... They could sit down and figure out a Win-Win (creditors and shareholders) scenario looking at projection of the CURRENT state of the business (instead of all the past history) as created against all odd by Leon.

Leon has effectively proven he could build a great business and creditors should notice that they can do great if they stop just doing 'more of the same' till they kill the gold egg chicken'.

Taking an upfront book loss (trading debt for shares worth half the value of the book value of their loans) in view of a rapid net book profit (seeing their shares increase by a factor of 2) based on a more than reasonnable growth of current market value of a financially healthy quasi startup company.

The suggested scenario may not be what the parties are looking at but they must try (TOGETHER) to figure out a way to solve the current anomaly in a way making everyone a winner. If they do not, they (and we) lose it all.

Patiently,

Roger

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