RE:RE:RE:Pointe RousseMAKEITBACK
what it means to me is they were so desperate for cash that they had to put it under care and maintenance to try and raise enough cash to keep the company a going concern. Even the auditors have concerns about this. The monies they raised Kevin said is at an interest rate in the "high teens" and that is without penalties. He said it was the best they could do.. They are struggling to keep afloat, and hoping to get a few million from pointe rousse. Which will still be collateral towards the loan. That is what they had to give up. Even the auditiors don't like the decision. A member of the board left. I'm pretty much done on this board. But... I have a 5 cent stock in nfld that I will trade you for a stock in Sgnl. I think in no time the price will be the same.