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ExtremelyBullishZig

07/30/24 12:46 PM

#465729 RE: RedShoulder #465724

They did it for the same reasons they always do...you already know why...because they know approval isn't anytime soon and they lime to claim they have 5 years of operations saved...yet they never make it through those 5 years before diluting twice more each time.
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longtermbeliever

07/30/24 12:53 PM

#465733 RE: RedShoulder #465724

yup i was thinking the same thing.JUST HOLD ON TIGHT LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOONGS
Bullish
Bullish
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Investor2014

07/30/24 12:56 PM

#465737 RE: RedShoulder #465724

Maybe just start your post with this slight amendment:

One WGT possibility is that

...
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sab63090

07/30/24 1:41 PM

#465754 RE: RedShoulder #465724

RedShoulder

That was my thought at first, too!

I glad that this was a renewal from 2019 and based on the "timing" (thanks Hnbadger for the StkTwits post and info from IR), I first thought that this guy is stupid doing it now! On second thought, it might be that there is an urgency to finalize a deal. I'm certainly not an "IB" but surely they would be able to structure something that makes shareholders happy, maybe with a contingent value right attached to it which would work for both parties.