Post by
Westcoastminer on Sep 30, 2015 1:30pm
3 MILLION IN BANK
and balance sheet looks not bad...I think its a buying opp here...way oversold
Comment by
gmarc66 on Sep 30, 2015 3:03pm
I agree, hugely oversold and its a real company. And check the video on their product. https://www.youtube.com/watch?v=PpLJGaj9l8M glta...see u soon at .05!
Comment by
3burtc on Sep 30, 2015 6:30pm
I'd be careful. Investors are getting fleeced here and the outcome could be going private for next to nothing. I wouldn't touch this manipulated pig for anything. IIROC should be looking into this.
Comment by
Mully99 on Oct 01, 2015 10:36am
Where do you get $3M in the bank? As of June 30th they had roughly $1.9M in cash with a quarterly burn of about $1.3M. These guys are running on fumes and are probably sitting with $500k to $700k in cash at the moment. Any equity raise at this point would destroy them. My guess is they go private at a price in $0.05 - $0.06 range... if there are any wiling participants
Comment by
ruben12345 on Oct 10, 2015 4:52pm
I agree. This company isin dire straits