TGGI is paying off & reducing debt, most sub penny stocks are acting the opposite by toxic financing, selling shares & increasing debt with no successful revenue plan to ever pay it back. There's only a handful (if any) .000 stocks with ZERO debt. This is by no means a solid investment just yet but if the CEO is serious in increasing shareholder value this may be worth holding Long.
That is not a lot of debt I am sorry but not a lot at all. I had 3500 shares in a company with 12mil in debt and it traded at .60 yes .60 all they need is to come out with good high end products, they dont need to be 100 percent profitable. My other position is 3.5 outstanding this is 3.1 my other had a total debt of 1.5 mil it trades at .035 debt does not control the pps.
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