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shanak10

04/29/19 2:13 PM

#24775 RE: RisingMT #24772

We hope to get some clarity on the convertible note any day now and perhaps some more company updates.

BillJay

04/29/19 2:17 PM

#24776 RE: RisingMT #24772

Convertible note extended/refinanced - confident this will happen if it's not done already

Get current with financials - confident this will happen now that they have visibility. I'm sure they have unaudited YTD numbers, so it shouldn't take long to put an audit together. Also, if they want to obtain financing, most institutions/investors will require an audit

Potential hiring of a seasoned management team (CEO, COO)

Put in place a new term loan facility or credit line

Ferrying of the aircraft to their new facility


There are other things that will play out, but above are announcements that could "move" the stock. Quite frankly, this stock should be at a buck just based on the awarded contract. However, as the pieces come together, I think this reaches $2 to $3 very quickly.