Be very careful. This may be a device for insiders only.
hoodwinker will be a target given the funny business surrounding this device?
wondering who is next. Who will get to be Bubba's girl friend.
find out later they paid way to much. And write downs are required. Guess who owned the private assets and was very, very well paid. Now you understand the game.
convertibles. Yes now you've got it. Buy the convertibles and short the stock. The co. and board are all experienced players they know how to play the game. The mm and the issuer as well. They play ping pong with your life/wife. GET OUT before it goes to zero.
device might go to zero. Illusions are tricky but they hurt just as much as reality. Be very careful here.
other and the party ends. What a mess this device has become. Watch it be sold for the value of its debt.
A management and bod job and bonus creator and build- in buyer previously purchased properties? Lots of funny business here.
large? Careless with investor money. That's the point, it's play money. Silly but the game goes on. Pay me a pile to play with your money. Sad but anybody who lost money here doesn't under stand the game that's being played.
has passed judgment on this device. Expect it will become a retail stock and be sold to pay off debt holders.
and we have the Nash eq. result. Just like I thought when I warned at $5.80.Mgt and BOD must be fired.
much equity left given write-downs and debt issues. Ability to raise new funds ZERO. Street totally feed-up with this device.
by 10 am watch.
Watch cash balances erode away. Don't forget who is first to the trough!
have eroded co. value to the value of outstanding debt. The co. may be sold for the value of its outstanding debt. Be very careful......... the street has moved out of this device.
add up to new low.
debt and trust are the big issues.
the key on results will be the size of write downs, production is known.
this co. could be nothing more than a device to transfer money from investors to co-ops. So far I have been correct. This could be investigated by the SEC and go to zero. The street is killing one of it's own for good reason.