RE:RE:Broke Hoghead?I wonder if that public statement by the CEO could be used as a basis for a lawsuit by investors? He states in clear terms thier cash position and a sensible period it would satisfy company needs, yet all corporate actions seem to have been to spend said position in a manner inconsistent with a 3-4 year burn rate. As cash position is a critical valuation metric for junior companies, they have undermined their sp through spending that was essentially the opposite of public statements.
Make sure you save that video, it might disappear. As you say, POOF- gone!