InvestorsHub Logo
Followers 33
Posts 7559
Boards Moderated 0
Alias Born 12/15/2002

Re: Bubae post# 43904

Friday, 08/26/2022 4:57:35 PM

Friday, August 26, 2022 4:57:35 PM

Post# of 49912
Finally having a real busines generating revenues Leon shall sooner than later make a win-win offer to his lenders who may not be able to refuse it anymore. I a poker, going all in is something generally done by the one having the least to lose.

The lenders up to now kept negociating better position with someone having not much to offer as a counterpart.

Now he has (almost) a solid business offering great growyh potential.

Unfortunately, lenders selfisly believes Leon to not have the guts to fold or go bancrupt id lenders do not play HIS game. Up to now Leon was on his knees but not anymore.

I suspect sooner than later Leon will make them an offer they cannot refuse. The offer (trade debt for up to 6,000,000,000 shares), at a pps representing the market value of current business,i writing offf the by trading it for shares.

Debt set aside, current market cap, (assuming as conservative a multiplier as 8) is $40,000,000+ (16 times current value or pps of 0,004 as a starting point).

Right after that, Leon make a 1 for 100 R/S, making the O/S 1,000,000,000 at $0,40.

The company now has no debt, a solid business and have means to finance its growth for the profit of all working together.

If such a reasonnable was to be refused, leon could tell lender that, being cornered by lenders trying to kill his business, he may as well fold now, declare bancrupcy and let the lenders writeoff most of the bookvalue of their loans.

Leon not being stupid and lenders being irresponsible, I suspect a showdown is close. ... We shall see.

Patiently,

Roger

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GRST News