RE: News - What the ...Well, it sure is a good news considering the dilution effect that would have occurred. Why would they cancel it? Many possible answers, but I like to think that it is because the price 0.50 is well below 10-day Moving average (0.68) and moreover, very low considering where its heading.
You don,t want to issue more of you think the stock is undervalued.
Does someone know how much we have in the bank? Do we have payments coming in?