For any chance the merge is required- oooops already happened (nature).
The point is if you aren't betting on an sec conclusion; what are you betting?
Buyout is zero chance right now. Zero, zero, zero!
So; you let with 2 bets:
They grow and stuff more channels and this $270m comes to fruition with a continued lack of audience. (Have you noticed that that volatility rivals the penny days?!?!??!!! The audience is shrinking!!!!
Or
Sec concludes and brad is out, company gets fresh start (which guarantees another round doc recap!).....
I surmise the 2 best case scenarios aren't good without timing; faiure is immenent...
Without sec conclusion; this is dead.
I expect to hear that they went from a $5m rev (after loosing $20m) in 2012 to a $85m company (after losing $68m) in 2014 to.....????? This part almost sounds good!!!???!!! Until you frost, mslp arrangemts, nature, other non dis loses agreements, shares, bid, etc, blablabla....
Oooops no audience????
Brad unknowingly suckered others into his "world" of losses....which wouldn't be bad "IF" you had buyers.....can't short without buyers either....right???? And every single day....another buyer Dissappears.....with nobody to replace him/her.
If pps hits $20; I'm a buyer at $0.75.....
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