GREY:MYLGF - Post by User
Post by
everswannon Jan 28, 2010 4:23pm
297 Views
Post# 16729979
Running out of cash adn time
Running out of cash adn time
FYI, company has less than 6 months of cash.
Test results and possible delay is already beyond 2 months pass that line.
This company is dead, already.
Even awesome test resutls will not save them as the long time shareholders will massively dump all they can to recoup whatever they can.
Financing is impossible because market cap is too low.
This company has no hope.
Assets sales on bankruptcy is not even worth it.
This stock will probably combine itself with something else.
Tax losess not possible anymore.
All the Trust have purchase someone already.
Looks depressing from hereon.