RE: Raising Money: Possible Rights Offering????
Have made my copy ... ready to send to JD, however I will hold it till we get farther along.
It is just too premature at this time. What would be gained?
Met today with a "very" connected okanagan individual. When I asked about Cantex first words were "they're having a little trouble right now". When I pressed him he seemed to want to talk about CF's divorse? This guy's wife is an original Diamet holder but owns no CD. I offer this only in case someone else can confirm/deny "trouble" in some way .... I DO NOT know this person well enough to put much stock into comments.
On the other hand my inside contact whom I do trust has agreed to contact me at first sign of trouble ... no call yet nor do I expect one. My inside guy will not give me any numbers on g/t or anything of this nature other than to say it is big (but of course it better be big with this number of shares O/S).
I would certainly support some sort of collective S/H pressure if we do not get NR by close Fri. as promised by JD. Does this suggestion have merit?
I guess at least it would let management know we are watching for any funny stuff. Anybody have a comment?