RE: does XT still own 2 mil shs of BWN?
Based on Sept 30 and recent value of BWN, XT has $5.3 million in cash and marketable securities. I'm extremely disappointed in Managements lack lustre approach to xt and inability to put the hooks into something.
No pump and dump here for sure....... mgt very quiet on dissemenating any information and usually only change a couple of lines in the MD&A
Despite my disappointment I remain very bullish on the upside considering most of the funding was sourced @$1.00 and this thing continues to trade near cash value. I think anything of substance or definitive plan will launch the stock price so I'll wait for that news release as I think this will get repriced quickly and it will be hard to buy in.
Really.....a $1.00 sp is only 11.7 million cap.
It was looking like a deal may have been in the works but alas.....I was again disappointed. Here's to the new year and just maybe a game plan