FinancingPerhaps there will be another financing. I personally think they will secure a LOC first.These are my expectations.
1. Announcement on securing a LOC
2. Financing at a more reasonable share price
3. Accretive acquisition
4. Rollout of SMS
Each finacing should be done at a higher price than the last, that doesn't leave them much wiggle room from where we are today. Another financing at these levels would be disappointing to say the least.
Thanks For bringing Sagnoma to my attention Knicksman, Still doing my DD on it.Looks Like a takeover candidate to me.