TSXV:ISD.H - Post by User
Post by
NSX001on Mar 24, 2021 12:43pm
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Post# 32866960
My Reason for Bailing
My Reason for BailingBelow is a cut-&-paste segment of the last news release with my highlighted reasons for getting out.
The Company will reapply to the Exchange at a later date (meaning the TSX did not beleive their financing story) with pricing based on the prevailing market price (meaning very likely at a much lower share price than the present offer of 0.05) when the Company is ready to do so. (meaning they have no clue as to when) Assuming OneWorld will still be interested or around.
They're running out of money, if not already. They had trouble filling the $290,000.00 interim financing a couple of months ago, and the company's lender of last resort, Josip Kozar has resigned. Where does that leave them?
NSX001