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igotthemojo

05/09/21 3:14 PM

#222857 RE: Darryl_T #222856

"The company now also has very little debt, If it is successful in selling the Lawrence property when the transition to Tennessee is complete, the company will be debt-free."

of course that was only possible because all the previous workers and their pensions were all thrown away like yesterdays garbage...

but all the executives did quite well...as did the company...

and in public companies, similar things happen to shareholders...and in penny stocks, they happen frequently...

so when the ceo of a small penny stock starts talking about hundreds of millions of shares being diluted, large offerings, huge r/s, etc, it scares the crap out of potential investors...as should now be obvious by looking at the pps...

and heres a clue...even if kim announced a nike contract, it would STILL cause hesitation by investors...and we would STILL not get the whole benefit from it...the price would rise for sure...just not as much as it would have otherwise...