GREY:DULMF - Post by User
Post by
yoda2on Jan 21, 2014 1:15am
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Post# 22114157
NEED for Finances? when does DM run out of $?
NEED for Finances? when does DM run out of $? Itt seems DM requires at least $20 million per year of new financing. Any ideas on where this might come from. The last $30 million convertible debenture has worked out well for the common shareholder as the conversion price is way out of the money with the low current stock price . The next financing may be more difficult with the stock price below $1.
Is the need for financing the reason the current stock price is so low?
Is there a big problem here?