RE: Wonderinglegal action....lol
How about....."we will have no need to go to the equity markets to raise money and dilute shares". That comment (not word for word) is what management told investors 4 months ago. Now they are diluting shares and raising money.
Perhaps there should be some legal action against management???
These guys were not even smart enough to hold onto some cash to pay the bond, which they KNEW was coming.
Now we sit and wait for them to raise cash. I wonder what their two miners are doing right now? At home watchin tv waiting for a phone call from Charles??