yea im definitely holding
betting on the guy speaking the truth
not that much cash in it anyway
Quote:
Originally Posted by highfive
It's down to $1.63. I believe the CEO is planning to buy it for $3 a share. He holds about 3 million of its 14.8 million shares. The company has a lot of cash on hand I think $20 million? when the company mkt cap is $24 million lol.
I'm confident that this company will be bought out for $3/share. The CEO will probably able to get a loan and once he takes the company private, he can use the cash from the company to pay it back. Plus, he can always take this company and bring it to public in Hong Kong which would make him even more money.
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