InvestorsHub Logo

Trendliner

07/24/18 8:37 PM

#140314 RE: JG36 #140312

THE NEW CEO'S JOB IS NOT RAISING MONEY

As you point out, there is no way to raise money on reasonable terms.

The CEO is installed for window dressing only so that there can be an appearance of arms-length dealing when NNVC's assets are sold to TheraCor.
There is no other realistic role.

The guy needs a job. After the last failure that's not easy so NNVC offers him money and a place to hang his hat until they shut off the lights. This is a very old script.

There will be no more money raises. That ship sailed at least a year ago.

Trendliner