Never hold an investmen
Never hold an investment when a company is facing bankruptcy. And yes they are still facing bankruptcy. Just because they have received enough loans to stay solvent for the next year doesnt make the debt owed any better. They still haven’t had a profit in 2 years. That problem still hasn’t been solved. The only reason they had stopped issuing shares before was because the stock was at 1.95 and they were worried about driving it below a 1.00 and being delisted. Now they see it like any one else would, a safety net of cash at their disposal. Why else would you give everyone raises from it? When bills come due at the end of the month and they are short, just throw another 50 million shares onto the market without even a single thought about the investors who are about to lose 25% of their investment.This stock is so high risk I wouldn’t invest in it if I could print my own money. And if you think they are going to let it squeeze you have bigger problems than losing your investment. They see a squeeze as a bonus now. As soon as it starts they will start issuing shares so they can take that money before any of the investors get it.
Never hold an investment when a company is facing bankruptcy. And yes they are still facing bankruptcy. Just because they have received enough loans to stay solvent for the next year doesnt make the debt owed any better. They still haven’t had a profit in 2 years. That problem still hasn’t been solved. The only reason they had stopped issuing shares before was because the stock was at 1.95 and they were worried about driving it below a 1.00 and being delisted. Now they see it like any one else would, a safety net of cash at their disposal. Why else would you give everyone raises from it? When bills come due at the end of the month and they are short, just throw another 50 million shares onto the market without even a single thought about the investors who are about to lose 25% of their investment.This stock is so high risk I wouldn’t invest in it if I could print my own money. And if you think they are going to let it squeeze you have bigger problems than losing your investment. They see a squeeze as a bonus now. As soon as it starts they will start issuing shares so they can take that money before any of the investors get it.
Never hold an investment when a company is facing bankruptcy. And yes they are still facing bankruptcy. Just because they have received enough loans to stay solvent for the next year doesnt make the debt owed any better. They still haven’t had a profit in 2 years. That problem still hasn’t been solved. The only reason they had stopped issuing shares before was because the stock was at 1.95 and they were worried about driving it below a 1.00 and being delisted. Now they see it like any one else would, a safety net of cash at their disposal. Why else would you give everyone raises from it? When bills come due at the end of the month and they are short, just throw another 50 million shares onto the market without even a single thought about the investors who are about to lose 25% of their investment.This stock is so high risk I wouldn’t invest in it if I could print my own money. And if you think they are going to let it squeeze you have bigger problems than losing your investment. They see a squeeze as a bonus now. As soon as it starts they will start issuing shares so they can take that money before any of the investors get it.
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