Interesting
1.1 mil for legal fees
540 for bad behavior (90mil shares)
1.1 for interest
2.9mil loss give or take 500k
Bad sales and heavy returns (we all knew this was coming).
Ok now someone said they wanted a debate. Let’s get into it.
First Item:
First could this be the cleaning filing? The let’s get everything out on the table? Often companies with new CEO’s do this. A good management figure will do this to show “this is where we where”.
And to top this off all Senior management have issues large amounts of voting shares during this down time. I personally love this, now management has some drive to make this thing work and make some money “skin in the game”
Also they now have control of the company voting wise (not sure what the hell was in place before…. Nothing maybe?)
Look at this report, there’s nothing missing. I mean nothing it’s all there. Even a 500k fine for saying “get the F@#$ out. Well lets be serious I’m guessing it was more garbage from pass management.
Second:
This one grabbed me right up front, the share interest rate issues, could it be possible they’ve released all this past garbage, warrants and shares knowing full well it would keep share price down? Now three PR’s ago they have said that for the most part there’s no way nutmeg would be allowed to charge them interest in this way. If I was Palmer I would want to keep the share price down knowing I didn’t have the cash to pay the interest…..
I just can’t see anyone putting this much effort into something they believed to be a dead horse, look at the accomplishments this Q
Ok let’s see some feed back…
Can’t wait to see the next filling it will tell all!
B
AI
