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Catch the Wind Ltd V.CTW



TSXV:CTW - Post by User

Comment by DUNKSon Nov 17, 2010 10:05am
220 Views
Post# 17717452

RE: Mistake?

RE: Mistake?its the cash burning... at this rate they will be out of cash, but they did sell a few of those units, so that will push them another quarter.. but then they will have to do a PP, that costs money, and a few warrants to boot.  expect a furthur drop in price cuz of the cash situation, and tax loss selling. next thing to figure out, is, DO THEY REALLY HAVE A PLANE??? uhhhhh ok....
in any case, there is a private firm in the background... expect a milking of the public company, buy out at a hugely discounted fare by the prvt co.  thats my guess, but this ship is gonan sink for a while, earnings out on nov 24 ish?? 8 cents a loss atleast, i would say 9c loss..
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