GREY:BURNF - Post by User
Comment by
nofluffon Mar 10, 2014 11:49pm
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Post# 22306039
RE:RE:RE:RE:RE:Financial Situation
RE:RE:RE:RE:RE:Financial Situation
well. We need a couple hundred thousand soon. I have suggested various ways to raise funds. My favorate is the rights offering. 1 right per share owned. 1 penny cost to convert the rights to shares. 50 million shares would give us 500 thousand dollars. However that hasn,t been done so I am guessing there is placement or percentage sale coming. Anything can happen. But money is starting to flow to the juniors. I can't believe the amount of cash going to new companies with nothing. So we have to have something in the works. If you are having trouble sleeping then I would say sell. Otherwise, just chill. Nf