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squidster

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Re: I love me post# 7503

Tuesday, 10/04/2022 6:02:14 PM

Tuesday, October 04, 2022 6:02:14 PM

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No official news but at $4500 market cap it's overvalued...

The promissory note of $2.66 million that matured 6/15/22 was the nail in the coffin.

As of Jan 1 this year they had $1300 in the bank, assets of $5.6 million (the ranch) and debt of $13.8 million (mortgage and debt tied to the ranch).

Ron and his band of merry men are off looking for suckers to finance their next scam.
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