Board members Crosby, Robbins and Schoof agreeing
Post# of 1674
Posted On: 12/04/2016 10:07:14 AM
Board members Crosby, Robbins and Schoof agreeing to accept Series Z Preferred shares in exchange for forgiveness of $125K owed to them in outstanding fees and expenses is a good sign that all these directors have confidence that $REDG will eventually be a profitable company and that they will continue to contribute to making that a reality.
In addition, the CEO has stated on a number of occasions that he is committed to making $REDG a success over the long term as a legacy for his family. He left a well-paid executive post in marketing at priceline.com to make $REDG a reality.
Contrary to nonsense posted by the clueless on iHub who constantly imagine worst case scenarios without a single scrap of evidence, none of the Board members have left $REDG.
The views of a few disenchanted people posting on iHub - and any obstructive ask amounts created by them selling for a loss or even - will get swept away by the buying power of any group that has loaded this for a run - just like it does for one stock or another at this level in the OTC market almost every week - with or without any update from the company. The only question is whether the main push will be in 2016 or 2017 - depending on whether they are willing to add to their tax liability this year.
See sticky # 831 and post # 1315 for how it went down last time.
There is never any guarantee of a repeat but it certainly seems to be shaping up that way and in my opinion is well worth loading .0001s and .0002s whilst still available. In addition to being prepared for a group buying run up, there will at some point be an announcement of the year end profits for advertising on POW Folio and ZWAG Box sales - including the recent bump for Christmas holiday season gift buying created by selling via Groupon.
In addition, the CEO has stated on a number of occasions that he is committed to making $REDG a success over the long term as a legacy for his family. He left a well-paid executive post in marketing at priceline.com to make $REDG a reality.
Contrary to nonsense posted by the clueless on iHub who constantly imagine worst case scenarios without a single scrap of evidence, none of the Board members have left $REDG.
The views of a few disenchanted people posting on iHub - and any obstructive ask amounts created by them selling for a loss or even - will get swept away by the buying power of any group that has loaded this for a run - just like it does for one stock or another at this level in the OTC market almost every week - with or without any update from the company. The only question is whether the main push will be in 2016 or 2017 - depending on whether they are willing to add to their tax liability this year.
See sticky # 831 and post # 1315 for how it went down last time.
There is never any guarantee of a repeat but it certainly seems to be shaping up that way and in my opinion is well worth loading .0001s and .0002s whilst still available. In addition to being prepared for a group buying run up, there will at some point be an announcement of the year end profits for advertising on POW Folio and ZWAG Box sales - including the recent bump for Christmas holiday season gift buying created by selling via Groupon.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.