If we don't raise about $50K real quick to buy some legal representation we are done.
The last time I tried to raise money there was a lot of kool aid drinkers posting here that tried to discredit my efforts.
Time has passed and now every investor knows that what we did when we effected a change in the BOD was long overdue, there is no more kool aid drinkers out in Exoflop land.
So if 500 shareholders throw in $100 to get a securities lawyer on this case PDQ we may be able to have a voice in the outcome.
Short of swift action we are saying good by to the $1.9 million that we collectively hold of this company as of this morning's opening.
By the close of the day we had already lost $800K in value in our brokerage accounts.
This morning (stock at $0.0038) the reverse would have made our diminished share count worth $7.60 each.
If the deal had consummated today the 60 million shares issued at $7.60 would have given this construction company a market cap of $456 million dollars.
Anyone here think a construction company pulling down $10 million in revenues per year is worth a multiplier of 45.6?
I don't.
This is not my opinion this is straight math.
Anyone here think this thing won't sink into oblivion?
How long do you think it will take wall street to figure out the true value of this company and adjust the stock price accordingly?
They put in a clause that prohibits stock from being issued at less than 25 cents a share for the next three years.
Hell I thought they weren't looking out for us. They are soooooo kind. They are only going to let another 96.71% of our value be drained before they put the brakes on. These guys ought to be nominated for sainthood.
Well guys you know I was always found of signing off with a healthy AMFs
Now the new guys are going to punch OUR ticket and sign US off AMFs.
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