$Maxeon Solar Technologies (MAXN.US)$ Meeting over. Who atte...
Meeting over. Who attended and what was revealed?
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lucydn : Is it already over?
70205719 : 2786 attended LOL
WealthGen : Announced the 100:1 reverse share split plan. DOE loan application is on hold until restructuring is completed and will be resumed in the future post restructuring
PaulxChung OP WealthGen : Any dates thrown out on the R/S?
70205719 WealthGen : DOE loan is impossible for a Chinese entity.
TrendSeeker WealthGen : These are expected updates! Wonder why so many people still selling at such price by following shorts. Delisting is not an option and RS will not affect actual share value, they rather sell at 1/2 price now to avoid from RS?
WealthGen PaulxChung OP : date was not mentioned for the RS split. Capitalisation of remaining 75m CD owned by TCZ might happen (or not). TCZ committed to additional 100m investment. all debt restructuring is done, earliest debt maturity is 2028.
WealthGen TrendSeeker : Dont see any problem of RS. RS targeted to be $15. Of course there are risk of further dilution in value no? Im okay with the RS since i got these for cheap
WealthGen 70205719 : Uhm wouldnt call them a chinese entity just yet.