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Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.


GREY:SXHHF - Post by User

Bullboard Posts
Post by cacfaon May 23, 2012 1:57pm
275 Views
Post# 19938452

financing in place

financing in place

Take a look at the annual report posted on sedar on May 18th; in the letter to shareholders Nick makes note of the fact that instititutions are putting money into the company (i.e.in response to private placement announced last month).  Also, he confirms that Skullcandy is still a customer (despite the long lead time from last year's announcement at the AGM.)   

While everybody is entitled to their own opinion, what makes me excited is the investment by institutions....we should find out in the next few days the amount of this investment and who the parties are.

Bullboard Posts