RE:RE:The bigger picture for shareholders may be getting lost!Ari, a financing of some kind will be required at some point, but the question being - at what cost to shareholders?
The company is likely not in a position of strength from a bargaining stand point based on many of the things you point out. The bar was set very low with the last .17 cent Rights Offering that carried with it a 50% dilution for $2.4 million.
Anyone deep pockets coming in knowing the history here will likely want security for their investment in the way of control, and we already know based on the last 8 years GSFC wont likely be interested in giving that up easily.
An update from the company would be very helpful as many shareholders are curious about the 6 or so lawsuits made public by the corporation.
According to the last financials, the lawsuit brought against Krn by a previous CEO may have been settled, but that is not confirmed.
Hopefully there will be an option to ask questions at the AGM as there are lots of questions out there.................