RE: TD Waterhouse advises REDUCE "Entry point" ? LOL.. What an optimist.
Why would anyone buy into this $250 million financing when, if they but sit back and watch it fail, they can likely pick up the entire company for the same price?
Stick a fork in this one, because IMO it is done.
Were it me I'd take the current price and consider it a blessing. Then spend some of the money on my favourite booze and have a wake for Nau.