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Tuesday, October 11, 2022 3:56:17 PM
Recently someone said the market wasn’t giving Hiru the proper value or believe the growth forecast and she said so be it they will by the end of the year,,(Paraphrasing).
Hiru could do $100,000,000.00 in revenue and the stock price could stay at $0.004 and it wouldn’t matter to her because the business would be profitable, throwing off cash and have equipment assets that she owns 53% of and that’s what somebody would be buying. They wouldn’t necessarily be buying the stock we own as they could merely buy her 53% controlling interest for whatever price she negotiates.
This is not your typical publicly traded company where insiders own 5 or 10 or 20% of the stock and need shareholders to be happy and vote to approve a tender offer for all of the stock or a transfer of controlling interest. She holds all of the cards and has thrown down a few FU power moves so far and I’ve grown fond of her because of that.
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