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Posted On: 09/26/2018 1:11:28 PM
Post# of 30015
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Re: investorxc #27162
Disagree with extension. If things stayed the same as today with no funding intervention or additional market buying from Chan, the toxics could not only wipe us out via the tender exchange, but also essentially wipe out Gerald Chan and the rest of them. They have a new, mutually agreed to exchange agreement. Even if the price stayed stable at 3 cents, which it would not, they stand to accumulate 666,666,667 shares before they're done harvesting. When Gerald says time on the clock, as of today, that means end of year. Whatever wiggling he does then might save him a fair chunk of the company, but not us absent productive news.
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