RE:Someone Please ExplainMarket realizes that their bandaid financing won't get them very far.The US raise, has long been smoked by now.They most likely have 2-3 months W/C after paying off approx 2.5 Mill in current debt.Their financing problems can only get worse from here,unlless they pull a fat hare out of the hat and secure 20-30 Mill to get them through the next 12-18 months.
Hopefully the SP picks up a little more, so those of us that bought near a buck can walk away with a small profit. a double for me, would be real nice..
GL to US all
ark88 wrote: So the SP tanked from $3+ when the market relaized its fund raising efforts running into trouble.
Then, they complete the palcements with decent and broad insider participation and the SP is still languishing. What am I missing here?