they are trying to convince large investors that pushing out revenue 5 years is good for them now, when in fact it benefits future shareholders, not current shareholders
On February 4, 2015, representatives of the second exploration and mining company that had expressed interest in Revett met with representatives of Revett at Troy. On February 6, 2015, this company submitted a non-binding indicative proposal to Revett wherein it would purchase $15 million of Revett units, each comprising one share of Revett common stock and one full warrant to purchase Revett common stock. The Revett common stock was to be priced at 10% below the then current market price (38c) and the exercise price of the warrant was to be priced at 30% above the then current market price of Revett common stock. In addition, the company was to obtain contractual rights to control the Revett board of directors and a royalty stream from future production. The proposal also entailed a transfer of one of the company’s early stage mining projects into Revett, which would have required Revett to obtain substantial capital in addition to what was required to develop Revett’s Rock Creek project, and would entail a longer development timeframe than Rock Creek. The Revett board of directors considered this proposal but rejected it, in part because the board of directors believed the price being offered for the units would be harmful to stockholder value, in part because the amount of money to be invested was not sufficient to meet Revett’s cash needs and advance the proposing company’s other mining projects, and in part because the Revett board of directors did not view the proposing company as having the knowledge, deep underground mining experience or financial resources to prosecute the permitting and development of Rock Creek.
you know they have changed direction multiple times and reverse split the stock multiple times, right? This is a scam stock. There is no other word for it. Never a profit ever and almost $200M in accumulated losses. No analyst is projecting a profit before 2017. That means they will need to raise at least another $20M between now and then.
couldn't make money in the oil boom in oil stocks. His WG is almost BK
couldn't make money during the car boom. CDTI has a GOING CONCERN
He's in the right sector but always picks the horse that finishes last
they give those gift bags to college students visiting now. The school's placement office offers potential future employees as chance to "shadow" workers at local companies like JNJ, Deloitte, PWC, etc. My kid got one of those gift bags. Works at JNJ now as an intern.
the influence on the Dow is more important than if I have $10K in stock as 100 shares of $100 or 200 shares of 50.
sjj - please take a reading comprehension course. I said if JNJ splits, it's influence on the Dow is diminished. That is due due to the price weighting of the dow. Look it up. It's a fact. Rookie
um,,, you were telling everyone on the CAMP board to buy CDTI. Actually, you didn't provide the name but provided enough info that figured it out and then called you out on it. CDTI was your idea.
Do you have a memory of lying problem?
CLCT. I made 6 figures on CLCT. A stock billy posted on dozens of times saying it was a bad investment. their yearly dividend is almost as much as CDTI's stock price.
The guy is a moron.
if I make you look dumb, I must be smart
Those are the thoughts of a severely mentally disturbed sociopath.