Post by
retired2007 on Mar 03, 2016 5:16pm
A halt for two full days..
could mean much bigger things to come! It does not take two full days of negotiations for a small financing! Maybe a Partnership, maybe a takeover friendly offer, or maybe a large financing with large major player!1 Who knows? Anything is possible! Good luck!
Comment by
C0p3hagu3n on Mar 03, 2016 10:42pm
hehehehe! or bought out? management totally sucks and the technology isn't that on there--- it is a very possible situation. bankruptcy? wasn't this stock pumped by Fabrice taylor on BNN too?
Comment by
Patty3 on Mar 04, 2016 5:52am
A small financing???? It is as much as their total market cap. That is NOT a small financing.
Comment by
dannyd9 on Mar 04, 2016 7:53am
Clearly, something went awry with the 2 million debenture finanancing. That was supposed to give them enough capital to pay back debt that was due this week. I am sure they are looking at ways to mortgage their business to provide collateral or something. Concern is that the debtors call in the loans and force a restructuring or bankruptcy.
Comment by
AAAONE on Mar 04, 2016 8:37am
I don't think it's about 2 million announced just a week ago. it's about partnership with some video making company as George mentioned before.
Comment by
AAAONE on Mar 04, 2016 9:15am
the only reason which make sense for me for company burning money faster is company had confidence that some big shot will buy it out.. maybe now