RE:RE:RE:Negative working capital of 20 million...*yaaaaawn* so what? Do you think shareholders don't already understand this? You guys preach like it's some big revelation. Do you know anything about Vertex? Of course you do, but that doesn't suit your narrative.
I see a lot of this on Stockhouse - johnny come latelies like ctblizzard who are embittered by this harsh bear market and missed out on big runs (in this case 10x already $). They know the catalysts and actually believe they can induce selling in an effort to pick up the shares they missed out on.
The only thing that Xandar talks about is that the contract hasn't closed yet. Thanks Xandar, I wasn't aware. The potential for further gains is the reason investors stay invested, and despite the obvious risks, Vertex's backing trumps your fear-mongering.
The real question for you and Xandar: how does it feel to miss out on the stock of the year and have to pay a premium on shares you could've had for $0.07? lol
ctblizzard wrote: They did not INCREASE their working capital, they have short term debts in excess of cash and short term assets to the tune of 20 million. That means they have NEGATIVE WORKING CAPITAL...
Negative working capital means they need 20 million dollars just to fund short term obligations.