fardu
6年前
The Company also agreed, among other things, (i) to change the scheduled maturity date from October 16, 2019 to December 31, 2018 (ii) to certain milestones in connection with a proposed sale of the Company, (iii) subject to applicable law, to cease filing periodic reports with the Securities and Exchange Commission and (iiv) to issue to the Lender a new series of preferred stock that will be entitled to receive upon a liquidation event a distribution as set forth in the Second Amended and Restated Agreement.
zino
6年前
TWER O/S Just 394,OOO !!!!
https://www.otcmarkets.com/stock/TWER/security
Company For Sale, TWER $55,OOO,OOO Value
Aggregate purchase price for which implies an enterprise value for the Company of at least $55,OOO,OOO
https://backend.otcmarkets.com/otcapi/company/sec-filings/12787928/content/html
Jacob94
6年前
This is what what I’ve been waiting for, patience always pays, I expect behind the scenes the company has sold out I would say in my opinion we see over 55M offer because this company has some very valuable assets, I would love to see the remainder of shareholder get bought out anywhere from $30 to $50 this is the time to load anything under $10 is a steal I’m going to try my best to load another 2k shares tomorrow at whatever price this is going to skyrocket they won’t forward split the float is only 340k that’s about as small of a float as this can go, any forward split and there’s even less shares, get ready for the moon folks my suggestion load everything you can before July ends that’s most likely when we see sale news I’m expecting $50 a share this could be the stock that puts you in retirement good luck all
Jacob94
7年前
New 8-k looks good, they’re deff going to sell the company, instead of June 30th deadline they’ve extended final sale another month out, now July 30th, if management wants there bonus they have to sell company anywhere between 45M-55M but I would bet we got multiple buyers bidding up the sale price which is why we were granted an extra month to sell, things are looking good.
Jacob94
7年前
So what do we think happens from here? BK? What I don’t understand is why would Barry Hoing take a 9% stake in the company if the end result was him just losing money? I know they’re going to release ER soon, so maybe they mention either an asset sale Miami which was appraised to be worth 22-33MILL or an outright sale of the company, and in Mr. Stetsons letter, he wrote the company has anywhere from 60-100 MILL in assets that the market does not realize? Things just don’t add up here there’s so many things happening it wouldn’t seem like BK or Chapter 11 is in the books when CEO can easily sell assets or company. I’m really hoping for an improved ER with more revenue as the past to quarters HAVE been an improvement, they just need to find a way to get rid of debt, sell assets, cancel out debt, focus on revenue growth and maybe the company could see a profit, I see way to much potential here, and with the float being only 340k god forbid we get news off asset sale or an outright sale of the company, this will go to the moon $50+ the last company Barry Honig got in shot up from about where we are now $2 to about $45 in a matter of days, he must know something we don’t or at least see value that the common investor doesn’t..