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Re: pual post# 47914

Monday, 07/31/2023 8:59:20 AM

Monday, July 31, 2023 8:59:20 AM

Post# of 49873
All stocks are evaluated using historical information. Do you trend the future? This company moves at what I call a glacial pace so information is nearly real time. It is why the haven't been able to otherwise and convert debt because they haven't managed their shares structure over time. What I see are lazy managers who simply prefer to borrow more rather than make decisions. The focus is always is how do we scheme to borrow more, it is called a ponzi scheme that, as always, is unsustainable. The question I have is what plan did they present to these new investors to pay the increased in debt? What was offered as security? Looks to me like they just borrowed $5.5 million to cover $3 million is debt earning default interest, penalties, and monitoring fees.

Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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