Post by
Vantechie76 on Jul 24, 2015 1:34pm
Total sh*tshow
WTF happened here. I thought the prospectus was getting pulled at $0.15 because the company didn't want to take financing at that price and then they do the PP at $0.10?!!? I assumed that meant they didn't need to do a financing and could wait until the stock moved back up. They are clearly getting bent over by EuroPac and Maison but some of the blame has to fall on the CEO if he couldn't get the company fully funded when the stock hit $0.50 (or at any point in the subsequent 80% decline in sp). It's too cheap to sell now the little I still hold but I'm not sure what the catalysts are for this thing to move again. I don't think there is any buyout happening here so they better deliver some sales numbers.
Comment by
bigbird456 on Jul 24, 2015 2:10pm
This post has been removed in accordance with Community Policy
Comment by
Vantechie76 on Jul 24, 2015 2:16pm
BigBird - You may have called it on VID but the chart for YFI looks pretty similar to where VID was a couple of weeks ago. Off 50% from recent "pump" high. What gives you confidence that one is not headed south as well?