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blinko777

11/15/19 10:26 AM

#71651 RE: RFB #71649

calling BS on that and here's why:

Imagine you are small co with awesome technology that solves a real big problem.

Biggest challenges for such companies, ALWAYS, is cash flow & balance sheet

So they choose to raise $$$. Many provide them $$ but short the stock thru' their network to ensure the raise is at a much lower valuation and they make $$$ from the shorting

This is illegal

What I do accept is that John Rice made a poor decision to raise with Aegis as Aegis is pure scum (like Hudson Bay, Lincoln Park, Aspire Capital and others)

Wrt to SGLB they will not only survive but boom.

The IP is too relevant for it not to and we are now seeing building momentum with first signs for real revenue

Sigma will get acquired at some point - probably for $300M to $500M

However my overarching point to this post was not Rice's poor decision in choosing Aegis but rather that these scum law breaking companies are never held accountable. They kill the American Dream for many in a fashion that is not legal. And no authoritative body cares .... wonder why?