By that logic, he gets $4 with a 2.22 cent mark.
The problem that Jason has never stopped to think about in his quest to get on Nasdaq is... his investors don't trust him because he has slaughtered them at every single turn.
The last RS was a disaster and never served the original purpose intended. Virtually the exact same purpose he is doing it for now (To get to nasdaq). The odd thing is, Jason has done virtually all he can to make shareholders dislike his equity while giving sweetheart deals to lenders. Wonder why he doesn't value his equity or his shareholders. The guy has been failing them for 3 straight years. We can all talk about manipulation etc, but that was all on the table because of the deals Jason struck as the CEO. Learn from mistakes and move forward should have been the lesson for Jason, but instead the guy is rushing to get to Nasdaq and to do it with a RS. With what??? What's the rush? He should show a much better hand and get the stock price up before he even contemplates uttering the word Nasdaq.
The fact that Jason rules this with an iron fist through his preferred share holdings is yet another reason people don't trust him. The guy is an authoritarian until he gives his shareholders a voice. Without that voice, he is simply a dictator ruling over his subjects and telling them what he thinks is best for them. SMH. The shareprice is indicative of what people think of Jason Remillard and what he has built and yet, he thinks that's Nasdaq material....
If he has aces hidden, then he better start bringing them to the table and he better start by showing he has better intentions for his investors. Nasdaq, given what he has shown currently, is not sustainable and he should know that.
I've been a staunch supporter of what Jason has been building towards over the years, but I no longer support the garbage the guy keeps dishing up. It's time to put up or shut up Mr Remillard. Support those who have supported your vision over the years. Stop talking about unicorns and actually become the unicorn. But you're not gonna get there by stepping all over the shareholders who helped you build this. You may find that no one cares about your successes because they see that you continue to use people to attain your agenda. Maybe you should start working on the public perception of yourself and your IR person.
Bring on them aces.... what are you waiting for?? Your market cap to drop another 10 mill?
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