My guess is once 708 leave the party this will drift into an abyss leading to a 10-1 consol.
Holders who have a mill shares at 003 would end up with a 100,000.
Then wouldn't be surprised if it drifted back down to 003, so say a 3,000 outlay at 003 would end up worth 300 bucks.
These guys have shown what they are prepared to do to keep the lights on.
Well over 2 bill shares is just ridiculous.
Worst CR I've ever seen.
Makes me wonder how close these guys were to VA .
CIO Price at posting:
0.4¢ Sentiment: Sell Disclosure: Not Held