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Your assumption,and that’s all it is Jim, would’ve been executed...

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7,677 Posts.

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04/08/20

09:26

Post #: 46281528
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Originally posted by Jimjamzzz: ↑

The 4C wasn't any different to the last one (or the many previous) other than the fact the directors and Rahal's side hustle took a pay cut to avoid trading while insolvent.

No one is buying a loss leader in this global economy, all they are doing at this stage is selling off the vaguely legitimate portions of the company that actually create revenue over the next 2-3 more quarters that they originally purchased at a premium to drum up interest before each cap raise.

Once everything of value has been auctioned off and sucked back into the pockets of GG and Rahal (at a bravely reduced rate) they'll drum it all up to COVID and this whole farce will come to a close with only two "investors" receiving millions in compensation.

Welcome to the dodgy world of pennies.

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Your assumption,and that’s all it is Jim, would’ve been executed long ago if that was their plan, nobody goes into business to fail.

Why drag it on for 4 years and risk your reputation after being majorly involved with successful companies?

Doesn’t make sense.

All IMO

SYT Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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