TSXV:EVE.H - Post by User
Comment by
ezemoneyon Dec 30, 2020 4:45pm
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Post# 32199730
RE:NEW 52W LOW
RE:NEW 52W LOWMy sense of this dabacle is:
The CFO looked at the accounting software to see what has transpired this month after coming back from holidays and saw a horrifying cash burn and they were in trouble. He pushed the RED Button.
Melinda, having the 1 for 10 in her back pocket pulled it out fast and have the RS by tomorrow, (this is much quicker than normal) and follow with a $5mm financing. A plug as it were in a leaking ship but this sucker has a titanic rip in her bow.
The Captain is still on deck and is gunning it at full speed through the Atlantic on a freezing day.
Me no ride this boat with this crew...I know how the story ends!!