InvestorsHub Logo
icon url

wimuskyfisherman

06/28/18 11:36 AM

#35475 RE: doogdilinger #35474

Doog- The problem Odidi has is the market cap is so low... Dilution is not really and option unless he wants to lose control of the company. If he dilutes, it looks like Armistice, etc. will be getting the whole company on the cheap. I don't really see any other outcome. So you are right. The companies future hangs on whatever they plan to do here. Odidi has proven time and time again he cannot make good business decisions. So lets hope he is listening to knowledgeable people he has access too. I do not see a R/S as a problem. The problem he has is when he couples that with dilution... Selling a third or half of the company for $5M makes no sense. The burn rate and the market cap no longer allow for that and here to hoping that some of the people that have Odidi's ear can talk sense to him.