I heard this from a buddy today TROW.
“Bottom line is this is set for some explosive growth. $40M projected for 2020. We are buying at 11-20M market cap, so one way or another, RS or no RS, the market cap will reflect whatever this diamond is doing. If this was trading at $10pps with an 11M market cap, I’d be buying it all the same. The only reason this is so cheap is because of the Chinese shares and the note. That’s really it. But BC has STILL not converted anymore. I think they are going to hold some or all of the 500M they took out, and wait for an outside investor to inject some cash into the business and allow Jason to pay off the note. Data443 and BC calculated the remaining 2B shares to be worth $5,028,000. That is most definitely obtainable in terms of paying it off”
If this heads to trips I’ll be buying more like a madman!
Long and Strong here!
GLTA - WIC