ESH
They have been diluted beyond repair with 2,870,000,000 shares on the registry.
No revenue and no major partners.
They’ll probably end with CR soon because of cash burn to stay above the water and a consolidation after a suspension.
Looks like a selloff soon and stay away from me.
EM1 a much better option with only a quarter of the shares on the registry and with MTN an $8.4 Billion partner.
$12 million cash available from the quarterly.
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- Morning trading January 29
Morning trading January 29, page-8
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