GREY:CLLZF - Post by User
Comment by
beebop7on Mar 12, 2009 3:14pm
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Post# 15840442
RE: RE: RE: Management must be tossed out
RE: RE: RE: Management must be tossed outWith the rate of cash burn & the fact algar is on the back burner & they will soon be in default for their loan conditions ,after that the next step is bankrupsy so why not get the best deal you can for your shareholders & sell it to the highest bidder , or they could issue another 200 million shares for 50 cents each get 100 million & last another year & then go bankrupt which at that point leaves every shareholder out there holding worthless shares.