RE:RE:Looknonbthe positive side...Money is almost gone because they had to prepay for product, thats what happens when you make bad deals with china, that is why halim is out sick, pasek finally broke because he realizes they will need to raise funds again and dilute his shares. so halim needs to sit this out becuase he doesnt know how to manage this.
they should have sourced all chips in the US. they have proprietary tech that could support a premium US made chip/price. This would have had better terms and cash flow for business. Also US chip companies are doing better in deliveires now.
Wouldnt be surprised if china didnt already stela this chip technology because halim was careless in his china deals.
pasek hopefully is working on loans instead of selling shares
this stock is dead money until they make a statement on cash position going forward because of their track record of diluting hsareholders.
Need a new ceo quick to pump some life into this