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asus

08/25/15 10:14 AM

#36957 RE: asus #36955

I've seen and heard the company speak of "acquisitions" that would bring them up over the minimum NASDAQ requirements. To me that sounds like a mouse eating an elephant.. The reality would be horrific for BCCI investors in the end as they basically get shut out of a deal like that. Mainly because there is no value in this company. I mean, if you're a cool technology company being acquired by a bigger tech company, and you sell-out for $20 billion then good for all investors. But this company isn't worth anything. It's a loss generation machine. And if you're "merging" or "acquiring" or "being acquired" for the public shell then that's all the equity there actually is - the value of the shell. The cash wouldn't even come close to paying off its debt.