RE:RE:Bottom linei hope so Freedom
i think shares are valued as if they are near banckrupt already.
I hope this allows them to remain solvent.
In the end it only cost them $3.75 million and interest. (not really reasonable - is risk adjusted which should tell us something)
i will stay my position but am not happy once again.
There is 40 billion in Co-Vid funds i beleive they could tap into 6 million max? But they would have needed a plan that allows repayment - wonder if they applied. (3-4% interest, no significant loan fees) I think this is a real let down.
They also gave 71+ million warrantys at 7 cents, so add $5 million to capital and divide by new shares doesn't give us near the potential as we had last week.
Now Teir one, looking to the EU for new markets, have 2.0 products - only resoan i hold. i do not like or trust the management any onger since the first move in January of this year - looks great now as it was at 15 cents then.