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allenc

12/12/19 8:56 AM

#128564 RE: Venture_Cap #128561

I agree. IMO that will be the direction here soon. Not a bad thing in this case, if the ratio is around that level. JMO

toncatmad

12/12/19 9:01 AM

#128567 RE: Venture_Cap #128561

That would mean the PPS would need to be in the .20-.50 range. I don’t ever see the PPS getting to .10 again let alone .20-.50.
My guess is the RS would be a large number that will wipe out common share holders like it’s done across the OTC. It won’t affect the insiders at all but us normal folk will get wiped out. Going up to Nasdaq I don’t feel will ever happen anyway. They are barely holding on to OTCQB at this point.
Yes there are some success stories I give you that but they are legit businesses. I simply don’t see this ever being anything more than a way to save Rotmans. I mean after 10 years of doing nothing but sell shares and accumulate a huge $40 mil deficit all of a sudden now VYST will start making huge deals because they merged with a failing furniture store. I mean if it was so good and going to be so great why did the other 42% owner of Rotmans opt out of the deal. You would think if it was so great and ready to head to the moon the other of the three Rotman owners would want to join in the success. Instead he kept his share of Rotmans and staid away for the VYST deal. Makes you wonder why he decided to not be a part of this.
I feel it’s so Rotmans can be taken back private at some point when this all falls apart but that’s just my opinion.