GREY:KSKTF - Post by User
Comment by
oddykogon Mar 23, 2012 12:32pm
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Post# 19710285
RE: now sitting near a 3 year low.
RE: now sitting near a 3 year low. One of the last press releases was their announcement that a guy joined them to deal with investor relations. Since then there has been a deafening silence from Kiska. I also hate the fact that they can get away with reporting financials 3 months after the closing date. The markets are gearing up for Q1 reports and these guys have still not told us what they had in the bank on Dec. 31st or what they are planning to do.
That said, I suspect that some negotiations are going on behind the scenes. Raising another $10 million when the company is only worth $25 million is futile. However they will need a lot more capital to move Whistler forward. Let´s see what thec come up with.