RE:Another private placement? Are you kidding me?No surprises really. Majority of the news releases of this company the last few years have been financing.
The quotes from leaders in the last quarterly results made me think there wouldn't be another financing that quick but I should know better by all of their previous statements making it sound like they are in the right places at the right times but declines in the legacy products were greater than the total revenues of the new flagship product.
This is Mathews' company. He was the ultimate architect. He should just buy us out and do whatever he wants to do with it. 15 cents a share to have us out at not overly embarrassing losses....piles of them are his so he doesn't have to pay himself.