Reread the article. I can't be 100% certain but it reads to me that the city sold the building NOT Seamus or RNVA. RNVA lost the property due to what they are good at . And that's being delinquent. Seamus has one year to reclaim the property if he pays the one year taxes plus all the accrued fees and penalties etc......,,so stop with the nonsense. our CEO yes mine too sucks..until he actually turns the share price around without screwing us in the process.
That would be a very bad business deal. A company would only buy shares back with any “extra funds” and not funds they require for business. That’s just reality. A company in this condition is not worried in the least about share price. That’s just reality. They are focusing on keeping their company running and that seems to be a challenge. Otherwise, the filings would be on time and they would be keeping shareholders up to date at least quarterly. I’m invested here as well but took that gamble knowing the risks. Lack of news in such situations makes the mind work overtime in hope. Keep reality in the forefront.
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