The best thing those guys could do for us is buy back 200 million shares. I mean if I was building a company that the share price was going to explode in I’d be buying hand over foot .. the fact that aren’t just creates , and rightfully so, all these negative posts ...they are going to have to do one of the other . Share buy back or reverse split. They do the latter and you’d be blind not to see where you as an investor stand with them .
Anyone who bought this stock after that fake inflated run....>$9 will take the hit. This will never be >$12 again without this CEO reverse splitting ......
Its finance 101..... At the end of the day he will dilute >2 billion shares outstanding imho
This CEO is acting desperate...and trying to buy anything at double the price because its not his money he is using.
This CEO is panicking because he does not know how to create new business on his own, and operate on his own.....so he over pays and thinks it will all workout....it never does