TSXV:POI.H - Post by User
Comment by
StyllLerningon Jul 22, 2016 1:47pm
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Post# 25076566
RE:RE:RE:Gonna keep on accumulating
RE:RE:RE:Gonna keep on accumulatingTed mentioned the company was seeking government funding but nothing has come through yet and the company has got to be down to their last few pennies - if there is an announcement about any sort of financing that will prolong the life of this company then the SP should pop a little bit, but until then, expect volume to rema</br></br>I started buying in when it was in the low .20s and averaged down a bit along the way, but I am more than 50% underwater but am committed to see the end of this one way or the other. Contrary to a prior post, I do not believe have 5 months of runway - the cash is basically gone now. I do think bankruptcy is a distinct possibility within the month, but I am certainly hoping for an alternative outcome.