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GRSTMILL

07/31/23 10:08 AM

#47921 RE: pual #47916

You demonstrate great patience with ubiquitous negative poster

Good morning. Passing along a compliment to you. I had to block that guy as I can't get past his constant presence on this site is clearly an effort to cost me money. His suggestion that he is here warning potential investors out of some altruistic instinct would be laughable were it not for the fact that he is actively, repeatedly posting here to hold the PPS down and is undoubtedly being paid to do so. As a long-term investor who understands the risks involved but has positioned himself to enjoy the rewards if/when the PPS breaks free of the manipulators, I don't have the same circumspect outlook as you in dealing with him. Shame on me, but I'm going to keep him blocked.

Your posts are entertaining and appreciated.

Go GRST!!
Bullish
Bullish

Bubae

07/31/23 7:37 PM

#47960 RE: pual #47916

From my perspective I have been correct all along. The company sold 1.5 billion new shares in 2021 with right at 1 billion of that coming in Q3 and Q4 dropping the price into the trips. At this point they had well over $1 million in convertible debt reset to the new .001 conversion level including the two LABRYS notes. At this point they were effectively done and unable to continue wit the debt conversions. This when and why I said that they should be splitting the stock and coming with an offering. They should have listened to me and dealt with the LABRYS notes with an offering instead of taking on more toxic debt that resulted in the loss of the Canadian property and its cash flow as well as some more expensive borrowed cash.

They didn't announce an offering until ten months later without a split and I said at that time that the effort is useless without the split, Again, nine months later I am correct, they are still talking about that regulation "A" and is is dead as ever without the split. In fact, at this point the offering will be a tough with this business model which isn't getting anyone excited anymore. They have spent the last year and a half more than undoing the debt reduction gains of 2021 with new borrowing at default interest, penalties and monitoring fees. Looks like business as usual if they can pull off this expensive convoluted debt repackaging deal.


xcept for dilution (none for months notwithstading your previsions) or R/S that never happenned ... among many other thing you said were coming that never came.