Just To Let The Old Timers Here Know That I Still Maintain My Full Position In CAMH
Something tells me we are going to work our way out of this one very big mess if we maintain our patience. I sense something positive may be in the works. The recent rise from $.01 cent to $.03 cents may be the forerunner of good news for all of us old timers. CAMH should have previously flushed itself down the toile a cuple of months ago. Instead, the share price now seems to point the way to higher levels. Stay tuned, folks. This one is going to be very, very interesting to watch over the next weeks/months. Given all the private placement money that was put into CAMH in the last couple of years, I just have to think it was not for good reason.
How are five employees going to generate enough revenue and profit to pay the interest (now more than a million dollars a year) on debt outstanding and dividends on the preferred stock outstanding? Wait for the 10-K that;s filed within six weeks to see their financial situation.