Posted On: 04/15/2014 10:20:10 PM
Post# of 66
Is there anyone still here interested in Newlead Holdings or is this a dead message board?
The situation right now is that Hanover purchased most of Newlead's debt a few months ago and, in return for that debt, is being issued stock pushing that stock onto the market. It's similar to what Hanover did with Freeseas. In my opinion Newlead is a stock to avoid but it's an interesting situation. Who knows, maybe the math will say it's a buy at some point in the future...although I'm not thoroughly convinced that Newlead is completely on the level anyway.
Any opinions?
The situation right now is that Hanover purchased most of Newlead's debt a few months ago and, in return for that debt, is being issued stock pushing that stock onto the market. It's similar to what Hanover did with Freeseas. In my opinion Newlead is a stock to avoid but it's an interesting situation. Who knows, maybe the math will say it's a buy at some point in the future...although I'm not thoroughly convinced that Newlead is completely on the level anyway.
Any opinions?
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
