littlejohn, regarding the equity to chfi.ob for debt, GFRE wants to move up to a higher exchange from the bb. Maybe that's what they are up to? Using the bucks to acquire/diversify and get their share price up without doing a rs. I think you're on to something.
Another thing, the share price was in the low .30's when they did the equity for debt; 21M shares for $21M. Now why would that be agreeable? Maybe if chfi/Hua Yin was privy to business info that assured them that the price was going much higher? Maybe?
Well, just last week a new director was compensated for her first year partially with options to buy 100k share at an exercise price of $1.20. Now why would that be an incentive when the share price was about .60 last week, 50% less. And the share price has to, of course, go above $1.20 for the option deal to start paying off.
So...2 cases where it looks like they expect the share price much higher. chfi, IMO, probably didn't convert the shares to $$ in Jan /Feb and take a 70% loss. Hell, it's a double from there already!
I know! Just more guessing by me. Seeing how my guesses turn out probably this week will tell me if i should just shut-up from now on...LOL
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