The NOW Corporation (NWPN)

[GetSeriousOK]

That's exactly the right attitude! It is just a lotto play and the good news is that there's plenty of interest.

I agree, the "massive debt reduction" is in the past -- I believe they're talking about the massive dilution they did in 2023, especially July 2023 through December, shown on page 6 and 7 of the annual statement:

https://www.otcmarkets.com/otcapi/company/financial-report/395392/content

None of that is a surprise now of course -- it's there in black and white. If they came up with cash somehow to pay down more of their existing debt, that would be good news of course, depending on how they got the cash. Because that annual report shows that they have ZERO cash on hand.

Regardless, best of luck, and if you're not greedy you'll probably do just fine here. I simply moved on to other plays that I like better.