OTCPK:DRWIQ - Post by User
Comment by
madmagooon Sep 25, 2013 6:08pm
336 Views
Post# 21767831
RE:wow, brutal financing.
RE:wow, brutal financing.
Dude
As last quarter they has 23 milion cash plenty to run the shop.
'Cash, cash equivalents, and restricted cash totaled $23.4 million at the end of the first quarter of fiscal year 2014, compared to $23.0 million at the end of the fourth quarter of fiscal year 2013.'
So i am just guessing they need additional capital (25 Million significant change) to perhaps buy something or someone. Just speculating.
As well the PP was NON BROKERED by cannacord with no fees? cannacord are no dummies.
Jam her down and get cheap financing shares and warrants all for cannacord and the valuable clients.
Think about it why to they need capital when they already have 23 million cash which they are barely touching. 2.10 is the bottom. But the stock is illiquid so you guys who are scambling to get out cause they can not put 2 and 2 together will give us lots of cheap well below the PP.
Thanks