RE:Closed Under $0.30 per ShareI'm not surprised at all.... lucky it's not lower
they Just brought out an investor presentation stating nothing will happen for 1-2 years and that they don't want an early stoppag.... nothing to look forward to(dead money)
I would think that an investor presentation is to attract new money not scare it away
they won't have enough money to last that long so they will need to back to the well. More cheap shares and warrants if they can find someone to step up again. Whoever does decide to step up will want the shares slot cheaper that what it is today
this management team are like your local weathermen.... never right but get paid and bonuses anyway. Not even 3000000 in psu's is enough to get them motivated