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Re: mrjon post# 7369

Tuesday, 05/16/2023 11:47:15 AM

Tuesday, May 16, 2023 11:47:15 AM

Post# of 7422
It's not like I need Carney to send me a good morning text everyday. He just needs to communicate, period. The 2023 annual meeting was held in person when prior years they've been accessible online. Financials are late with no explanation. The business update from March was okay, but really we only get those once a year. And now he just puts out the 8k of a $31m default with no statement saying "we're working on resolving this" or anything to give shareholders a clue what the company's plan in. So yes.. I'm going to assume the worst when we get the worst news. If the company declares bankruptcy, it doesn't matter how successful halloysite or Dragonite or anything else is, common shareholders WILL be wiped out. Maybe you can profit by buying into company after the bankruptcy, but that's assuming the assets aren't absorbed by a private company. Too many unknowns here.

I still own over a million shares so of course I hope they succeed. Not counting on it though