InvestorsHub Logo

doogdilinger

06/08/22 1:43 PM

#18354 RE: LesMoore #18353

LOL they know that already, they're just sour cuz they bailed and hate those of us vested here having more guts:)

AbleBody77

06/08/22 1:44 PM

#18355 RE: LesMoore #18353

This is correct. Assets for assets. $SYSX$

OTC Whisperer

06/08/22 2:00 PM

#18362 RE: LesMoore #18353

dont forget about the non-refundable $1.6M cash put down for the additional 166,667 shares of Ostendo’s preferred stock

skichic

06/08/22 2:04 PM

#18364 RE: LesMoore #18353

Lol, look at their Q, they’re trading 3 million dollars worth of Mining equipment for 68 million dollars worth of Ostendo preferred shares?? In your dreams! Look at their freaking asset values in their last Q, keeping in mind most companies try to inflate their assets. The mining equipment is listed at a value of 3 million. Look at their revenue, yes they made some money with it, but on 5 million in revenues they lost 2 million. They also admitted the equipment is obsolete.