Friday, November 21, 2014 1:17:07 PM
If current trend continues, we have about 60-90 days until reverse split paperwork will be filed. Raising AS treasury is redundant in our case, cause few are buying this turd.
The key is not breaking even. The key is to STOP issuing toxic CN's, AND paying off current CN's ASAP
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Bottom Line:
The way it looks now, is company is essentially stuck with relying on toxic financing to pay bills. This essentially throws shareholders under the proverbial "bus". Now that PPS has descended into low trips, we entered into tick flipper and manipulator domain. Diluting shares now will create a death spiral, and necessitate a reverse split down to the road. Not if, but WHEN.
ALL Imo.
AXCG
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