Yes, cleaning up the balance sheet of the prior co
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Posted On: 01/13/2018 2:53:05 PM
Yes, cleaning up the balance sheet of the prior convertible debt is fine and goes a long way towards strengthening the company.
However, don't expect the share price to rise as much as people are expecting if the 2B in dilution dribbles in slowly over the coming months. The expected profits after expenses will be watered down considerably, and everyone will continue to scratch their heads wondering when the stock price will rise to "silverland".
The more aggressive speculators on IHub have already been forced to downgrade their initial exuberance considerably.
A possible wild card is Gurba announcing unforeseen news regarding using Penske rental fleet to meet government shipping contract demand via our newly incorporated disabled veteran's partnership?
There are a lot of potential events which could open people's eyes, which is the company' strongest hand. All-in-all, its worth sticking this one out for a while.
However, don't expect the share price to rise as much as people are expecting if the 2B in dilution dribbles in slowly over the coming months. The expected profits after expenses will be watered down considerably, and everyone will continue to scratch their heads wondering when the stock price will rise to "silverland".
The more aggressive speculators on IHub have already been forced to downgrade their initial exuberance considerably.
A possible wild card is Gurba announcing unforeseen news regarding using Penske rental fleet to meet government shipping contract demand via our newly incorporated disabled veteran's partnership?
There are a lot of potential events which could open people's eyes, which is the company' strongest hand. All-in-all, its worth sticking this one out for a while.
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