RE:RE:They say-not going bankrupt LOLHuh? You are aware that makes no sense and how wrong it is on soooo many levels? Firstly the COMPANY STATED in a press release
The Company confirms that there are no insolvency proceedings against it as of the date of this press release. Because they couldnt get there act together to submit the results on time. What on earth does that have to do with short sellers.
Second what person in there right mind shorts a stock at 5 pesos, not to mention what institution would allow it. WAAAAYYY to funny (a fool and his/her money is soon parted - i assume yours has been completely lushed at a wooden nickel).
Now back to reality - $1.6M in revenue - and the following statements
Achieving substantial cost reductions in cash operating expenses; -- Creating new supply partnerships to reduce cost of goods sold;
THATS REALLY BAD. TICK TOCK - as if a nickel isnt worthless enough now a refinancing is just around the corner. To their credit i cant believe they have put it off this long.
KEEP THE FAITH - those damn short sellers LOLOLOLOLOLOLOLOLOL
farml1234 wrote: It is called short selling .
jmho