Financing = Potentially Massive Dilution ....In a few weeks we will have their calendar Q1 financials, to the end of March 2018. That will shed some light on their diminishing cash position.
Unless there is some miracle coming along that we don't know about yet, this company will need to raise several million $ soon. At close to 5 cents per share, this would be disastrously dilutive for all existing shareholders. Just do the math: divide say $5 million by 5 cents = an extra 100 MILLION SHARES. That dilutes the value of all existing shares by about 40%
Stingo, with his predictions of imminent glory for the stock, appears to have bailed, as he has not posted since January - after posting several times a week before then.
Very curious to see where the path forward ends up taking us all ....