(Total Views: 407)
Posted On: 07/01/2019 5:31:12 PM
Post# of 40991
Not a single word about Hexagon or moving to Colorado.
I don't believe him when he says that he will buy shares on the open market. The company already supposedly owes him over a million dollars for accrued commissions, salary, and loans, and prepaid expenses. Will the receivables pay back SB so he can buy shares? If cash is used for that will there be any left over to finance the company or will he have to go the toxic note route again? Plus he can issue himself free shares any time he wants because he has voting control thru the preferreds. Why pay for them unless it's just to make optics look better?
German hedge fund....well they are listed on the German exchange I think.
Time will tell.
I don't believe him when he says that he will buy shares on the open market. The company already supposedly owes him over a million dollars for accrued commissions, salary, and loans, and prepaid expenses. Will the receivables pay back SB so he can buy shares? If cash is used for that will there be any left over to finance the company or will he have to go the toxic note route again? Plus he can issue himself free shares any time he wants because he has voting control thru the preferreds. Why pay for them unless it's just to make optics look better?
German hedge fund....well they are listed on the German exchange I think.
Time will tell.
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