Post by
2investorknot on Nov 26, 2014 11:43am
52 week low
Now trading at .035, which I beleive is a 52 wk low
If the price drops to .02 then to .01, will the "favored" investors still stand by management? What kind of deal can then be made to curry continued support which doesn't completely dilute shares?
Perhaps management should reconsider their strategy and what they consider to be acceptable financing terms.