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littlefish

02/21/18 10:28 PM

#21497 RE: fireopal #21496

Had no debt? Sileas had over $15 million debt and as the massive majority holder of OPXS, it meant everything in my eyes to gamble with what might or might not happen given Sileas pledged that equity to Longview. It Wasn't like Sileas was actively paying down a majority of debt on their own hence I never would have touched the equity side of this company before that Sileas pledge was settled with Longview in June 2017. If you wanted to gamble before that June 2017 timeframe (let alone 2014 in the depths of sequestration strangulation), it's your money and good luck.

Guess you're more a high risk gambler than me buying back in 2014. Looks way better now to me and market cap is less than $10 mill which is a lot less than just that pledged debt that was settled.

The AOC acquisition BTW was beautifully timed by mngmnt getting it for about $1 mill! Good for them and good timing for them.

All in my opinion only. Good luck.