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by aldamiz 2381 days ago
I hope you can read the post and be more positive. Thanks!
1 comments

GP is trying to subtly let you know that you've significantly reduced negotiation leverage with any potentially interested party. There no benefit to you to publicly state your cash position.
Any interested party will get access to the books and have that information anyway.
The buyer, yes. But now they can't even spin this as strategic or synergetic. It's obvious and public that it hasn't been a commercial success yet. Granted, that's usually overstated and I don't think it makes much of a difference to most people. But it's something.

But hey - we all got an interesting read out of it.

That's a reasonable point, but it's not the argument that was being made (and that I was responding too).
Weakness can be a kind of leverage. If the interested party knows that the company has weeks to live, they are forced to make a quick decision or lose out on the opportunity permanently.