CashI'm still reading this board frequently. I have been briefly a Sirit shareholder a couple of years ago.
I still believe in RFID and Sirit is a very interesting company to invest in.
The only thing holding me from becoming a shareholder for the long term is Sirit financial position (cash). You can call that the Samsys syndrome.
So, at what point would it be a good idea for Sirit to do a private placement? At 0,10$/share, a bad idea, but at 0,30$-0,40$? (12,5M$ shares at 0,40$ = 5M$ in fresh cash)
Of course it means more dilution, but a more solid Sirit would attract a lot of new shareholders, like me.
Good luck to all.
Max