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Posted On: 04/22/2020 9:47:55 AM
Post# of 82676
The $9M is not due in Sept 2020, as you know. That's a possibility, yes, but the debt can be rolled back to 2021 and, maybe, beyond. Where is our leverage for getting paid by a certain time, except for the interest that we're charging?
If $9M is arriving, for sure, in September, why do a reverse split 3 or 4 months prior to that? That would be enough income for operating expenses and to buy back a significant number of shares. And, it would encourage investors to buy, naturally moving share price higher.
If $9M is arriving, for sure, in September, why do a reverse split 3 or 4 months prior to that? That would be enough income for operating expenses and to buy back a significant number of shares. And, it would encourage investors to buy, naturally moving share price higher.
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