RE:What financial troubles? One needs only dilute the shares.I believe that management expected to dilute at rates equal to or near the Rights Offering. This caught me by surprise and I refrained from posting because my language was colourful.
This is how I now understand things as they are unfolding. The tried to dodge a bullet from a hostile takeover by introducing the Rights Offering. Now they have to deal with financing issues. Remember 20$M from the Rights Offering and then then the Partial Conversion of Secured Convertable Notes to the tune of approximately 11$M (with the extras)
I have to think that these guys now have enough money to execute their business plan. Any fcuking unexpected negative news will say these guys are work smoking weed the whole day.
Nevertheless I am confident that after this "give away" it should be smooth sailings from this point onwards.
Anyone else getting fed up of 1Hornet's infantile posts or is it just me.