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Ill buy anything Blackrock owns!!!
Still trying to figure out how they move forward with over 800 million in debt, while losing millions of dollars. I’m trying to figure where’s the value. 130 million outstanding shares at a buck a share, this would be almost a billion dollars to acquire. I just don’t get it, maybe I’m wrong, good luck all!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxc
They didn’t sell any shares, the shares were sold from the accounts to pay taxes due. It’s in the last paragraph on each form. If they were selling the company, they would be in a blackout period, and wouldn’t be allowed to sell shares anyways. Why would they want to anyways, their shares would have much greater value if they held them. Restructuring will probably be their only option. Not sure how long it takes, but during covid, everything is taking longer. Be patient, this will have to play out soon, their running out of options!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
If your hoping for restructuring, run now. Restructuring will almost guarantee that your stock is worthless. New stock would probably be issued to the secured creditors, after they file bankruptcy. The share holders would hold worthless stock in the old bankrupt company. Please do a little homework before investing. It baffles me how many are just ignorant. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
I’m not sure why so many people are saying institutions are buying. I’m sure once the new filing with the sec come out, you will see almost no institutional ownership. Most institutions don’t buy stocks under 5 bucks a share, and almost never invest in penny stocks. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Bankruptcy probably the only option. Sad, because we need American Drug companies ........................
The only option is bankruptcy
Too much debt for a buyout, restructuring probably the only option. That means bankruptcy!!
Can anyone explain why they think this should or even could go up. I like the company but don’t see how they can proceed with out a bankruptcy filing. They have over a billion in debt, and I’m sure with their rating, that they are paying a ridiculous interest rate. I’m just curios if anyone can shed some light on the upside here. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
