The big problem is you don't know what you are investing in. WHat the risks are. What is the debt. Maybe the deal won't even happen. The so called "news" yesterday reflected some nasty comments to the debtors which is unprofessional and bad business....even if you think it, you don't say it in print.
They will have to dilute and it will be a lot because the cap is so small, it will reflect a large % of the cap meaning your shares will be worth a lot less. Instead of making nasty comments, he should tell you what he is going to do and what the actual obstacles are in real numbers.
Instead he is pumping his own company but not really telling you what you need to know to make a sound investment decision.
As I have been noting it is all about taking it on faith and bad math....And you know the dilution is coming. Seems he wants to pump up the price so he doesnt take as bad a beating on the financing.
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