InvestorsHub Logo
icon url

Johnny_C

10/26/17 7:45 PM

#435 RE: shub #434

Lawsuit was filed against Cemp today. Temporary CEO gave himself 1.8 million dollar golden parachute if deal goes through.

8 mil penalty if deal doesn’t go through, unheard of with a private company merge like this.

Add the 8 mil and they could have wasted 12 million plus if this gets torpedoed, which it should

Assuming the Soli is worthless, which it is not, this should be worth 7 dollars just on cash, tax loss and being a public entity.

If they have a funding source for Soli that makes this even more bizarre.
icon url

Johnny_C

10/27/17 9:13 AM

#436 RE: shub #434

Here is the link to shareholder lawsuit...These guys almost give Keith Berman from DECN a run for the money for being scumbags

https://s3.amazonaws.com/bbemail/PROD/ulib/3d0u1e/docs/4d2967f4-159d-10d0-5153-be1780a8d256/Cemp.pdf
icon url

Johnny_C

10/27/17 10:12 AM

#437 RE: shub #434

The Flaming Bag of Sh*t Melinta, the company CEMP is merging with received an audit letter that they could not proceed as a going return, look at auditors report.

And these blowhards CEMP with 175 million in cash give them a sweetheart deal and give themselves huge golden parachutes