Opening price conversations are just not smart until we get further information regarding the deals etc. Do we know what projected revenues are? Do we know what anticipated expenses are in relation to these new deals? Are the deals actually worth anything??
All I know at this stage, is that the CEO has advised on Feb 22nd that relisting would take 6 weeks. This gives a target date of April 8th.
Now, he’d be pretty dumb or arrogant to throw around fake relisting dates given his abysmal track record. What does worry me is that we are at the halfway point with not much in terms of updates.
CGB Price at posting:
3.7¢ Sentiment: Sell Disclosure: Held