Monday, October 17, 2022 12:50:14 PM
I don't think any 'real' investors expect any of the terms to be advantageous, you and i and others have pointed out consistently the weak negotiating/bargaining position of a pink list penny fuel stock that trades under a healthcare ticker.
Even with the dilution that WILL (and has) occurred, i would like to think maybe we can get this thing pushed and propped at $2. But alas, the more time marches on it may be revealed the market believed this was a 70 cent stock WITH the land CLOSED and its already baked in the preverbal pie.
That doesn't even bring into play that the stock is going to have to buck the entire economic system and market which is going to have headwinds we haven't seen in a long long time, with deteriorating equity positions and declining earnings.
I wonder if the guy who took Lawrence's old position gives out air fryers now instead of toasters?
It’s always next week In ECSL land , bank on it
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