Where were you when I have been warning investors and traders alike that this was coming a mile away? The writing was on the wall. Matt is a greedy CEO and he loves to spend money he doesn't have. He has made it a habit to dilute, and he is not stopping this trend anytime soon. I have been telescoping a MASSIVE REVERSE SPLIT for the past year now. It's not surprising at all if you can take off those rose-colored glasses that sees the CEO as a God who can do no wrong. On the contrary, Matt is just solidifying his status as just another greedy pinkie CEO out to stiff the share holders who got him this far. It's just disgusting.
This R/S surfaced out of left field and surprised us all;
Then let IBC/BCBSA finally pay. They sunk $8M into a project and the market poured another $27M into it. Don't ask me to take a poison pill for BCBSA! I refuse... to donate a dime to the insurance companies.
IBC was worried about a family going to Japan that didn't pay that annuity but sought the stem for transplant years later as a potential negative PR... well IBC Better get a clue about this Bogus RS plan to shaft a diluted CBAI. I will not be silent and I am sure more than a few will jump in to join me! Waiting...
CorCell is the only insurance created bank out of 50 in the USA. Now IBC/BCBSA is trying to shaft me because it wants to make a $1B... see how it reads PR nightmare for IBC/BCBSA? Am I off base or right on? The RS intentions stink up the place! Truth.
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