RE:RE:RE:Pristine SurgicalFor all these reasons and more NXO ceased being a calculated risk and became a gamble. Unless you have a strong appetite for risk and you can afford to lose your money, this is not for (the royal) you.
There are only limited opportunities now
1) Selten needs to be monetized
2) Pristine needs to deliver within a few months
3) SK needs to deliver a true partner....do like their work
There is absolutely no guarantee 1-3 will happen or that it will be a "significant" event that will move share price or that it will happen soon enough to prevent NXO from going under.
Not entirely convinced the PP was just to enrich the Board, though it was definitely done to keep the doors open
ratsnake220 wrote: In a era where borrowing money for micro caps is almost impossible....And PP s that are not fully subcribed and not borkered to outside publc, and no N/R saying what the money for the PP is going to used for....What are your assumptions? Mine are PAY RG, PAY BOARD MEMBERS $200,000 EACH.....and put out a last financial statement !.....And close the doors.....I can assume the recent hires were short term contracts with Kpmg.....Mr Choo was a qualified person and would not have entered a position and resigned outright a managment position with KPMG....without re assurances he would be paid a CFO salary? With no money and no sales...i put his tenure as a 6 month hire.....The guys in South Korea...well they could be in South Vietnam....They have made no announcement on sales....But saying that....you can always hope.....And whats to sell...is their any product on the shelf to sell.? Or are the doors on the business locked...? Are their people working at home on their lap tops....You see you know nothing....my questions are just that....and a 9 cent stock price based based on a couple thousnad dollars in volume daily looks to me like nobody is getting paid but RG and the Board with the PP money? Conjecture on my part? thats my disclaimer....its not a bash just the questions which could easily be answered by the Chairman in a Q & A