Julie......you're right...it's not over and I expect a huge upward climb of this stock,so do other nurses in my circle and if you have stock in a company having(cit)rights....value it and anything else is a plus....Shirley Woodard,RN
3.5 is TOTALLY POSSIBLE. I am happy about this stock for the first time in days. Yes, I can see Mclellan didn't imagine in his wildest dreams that the share price would be this low, but then again, neither did I. Yikes. With good news, this stock could certainly be above 4 in a couple days. We shall see. IT's not over until it's over.
Julie, I calculated that out and if after sept 22, the share price stays above 3.5 cents, the 750 million authorization would be the minimum but MacLellan is going to keep issuing shares for services.
You can see that MacLellan did not anticipate the lenders dropping the price so low. The lenders really don't care and if they can sell the shares for more than the issue cost, they make even more money.
IMO, the lenders anticipate MacLellan is going to go chapter and if they make enough money through the first two installments, they will get the amount of money they no doubt expected and they carry notes over into chapter reorganization.
IMO, you will see chapter filed sometime between Sept 22 to the end of October if MacLellan can find anyone to provide DIP financing. If not, he will just keep operating until they totally run out of money and liquidate.
You have NEVER run such as simple as a lemonade stand, vincent_guacci, to dare breath a perfect onko-sure marketing solution for Radient, yet you bash Radient without having a grasp of what challenges Radient dealt with, and is still dealing with, to bring onko-sure to the marketplace.
What product of value have you brought to the marketplace, or which company have you ever run, even as the janitor, Dumbstein?
ok, I agree a dollar is impossible without r/s. What is the minimum share price for the last traunche to be issued at, that would make the debt get paid off, and "only" 750 million shares issued. hope it's not too much trouble. thanks