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Traderfan

02/09/22 11:33 AM

#4939 RE: Amigo Mike #4937

That said. the capital structure is the only thing of value left as well as some patents if I recall correct. Everything else has been drained out.
Capital structure is pristine and it can and could move on a whiff of just about anything ...


Yep I agree, it would be very strange if such a QB setup wouldn't find a quality merger eventually.

Soco54

02/09/22 8:32 PM

#4940 RE: Amigo Mike #4937

“There is no amount of "SPIN"ning that can be done to make this dog look desirable or to overlook the vast horrific mismanagement of this company. “

Well the way they didn’t disclose the previous LOI, I wouldn’t be surprised if we hardly ever hear from management outside the required filings. Imo they don’t PR anything or 8K anything. They will disclose the deal, whenever/If there is one in the annual or quarterly filings and allow the incoming company to run the pps from there imo. This is definitely a nice little gamble play and worth having a few bucks in. I’m more concerned about the new management that maybe coming in and does that make this ticker a trade or investment. Obviously there are risk factors like a deal never gets done or a r/s. For me I would rather have a $1k bet on this than the Super Bowl.