Calyx Ventures Inc V.CYX.H

RE:RE:RE:RE:RE:RE:52 week low this morning...

[Moonshot87]

You are very aggressive with your views Newstockie and your outbursts at other concerned investors make you look like a fool. If you don't see something to be worried about with the actions of management over the past year, you are either naive or stupid. You are correct that shares bought in the open market do not provide capital to the company, they do however set the price at which most public companies are able to raise capital. The share price is now half the price of the last private placement, which is a very, very worrisome sign. Roger Forde has almost no money on the balance sheet as of Sept. 30th, and likely none now. They have likely already started the capital raise process and we will see a news release soon. This will be a very dilutive financing unless they have some miracle to raise the shareprice in the very short term. So while you are right that the company hasn't taken in money from public market purchases, the necessity of a dilutive capital raise will result in further loss of shareholder value unless the company can get its act together.