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gigem77

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gigem77

Re: cash2go post# 467620

Friday, 04/14/2006 6:14:22 PM

Friday, April 14, 2006 6:14:22 PM

Post# of 704019
OTD bad news isn't buried. It's all there in the report.
They will run out of cash unless they issue more shares. They need at least 10.5 million bucks and that will dilute the float by at least 20-30%. They failed to get out of developmental status as soon as they led us to believe. It is interesting how they timed the news release. So how far will they drop? The shares were .75 a week ago so that is possible. The entire float has turned over in the last 4 trading sessions, so just about everybody is stranded at higher prices. I'm leaving an alert at 2.45 and looking for the next one.
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