Apr. 24 at 7:27 AM
$GURE now its 2 years of financials to be reinstated based on SEC nagging comments. Delinquent again .. will take up to 1 year while nobody knows how much they allow to be sitting on the balance sheet. Divesting chemicals for nothing was the last punch and IMHO potentially another arms length deal of ever reducing paper equity value. The latter started moon high, never respected by markets and is now sort of negative (soon) w/ RS and even capital raises huh?
But heck, they lived well on it for many years. Was surprised they resurrected the stock after delisting (awesome trade if you got it). Now they have a 2nd chance to go dark lol.
Not a favorite summary, but that's it.
