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Re: Sibware post# 1289

Wednesday, 02/15/2023 9:38:47 AM

Wednesday, February 15, 2023 9:38:47 AM

Post# of 1325
Just a year ago this was a $3 stock and now we are sub $1 a share

I just read that they gave away 4.2 million shares for $3.2 million debt payment.

That is like 25% of the company for $3.2 million and that means management values the company at $12.8 million.

At 67 cents a share at yesterdays close and 80 million shares fully diluted that means the company is valued at $16.9 million.

Clearday management doesn't even value the stock at the current stock price.

And not to mention that they've done some deals with Mast Hill, AGP, Firstfire and 1800 Lending and that means this stock will be going to .0001 a share very soon.

I hope they decide to sell the company before all those notes convert because this stock is in quicksand and it will be very quick when it starts to go under.
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