RE:RE:That was on the last financial statement what do u think You will find that same statement on 90%+ of venture companies audited financials with past negative cashlfows. Its an audit accounting standard.
fortfry wrote: Seems the market is saying they need to issue shares for cash. The statement you posted if real says the same . If they issue assumming they are able to issue 300 million shares at 3 cents to raise cash what does that do to existing shareholders? If they could issue 30 million shares at 30 cents that would be bullish as it doesnt materially alter the float.Mr market has got us by the balls