We might be talking at cross purposes. I was not questioning whether Asher is making money. I was lamenting that SNEY's 10Q indicates that revenue from the sales of shares would be the primary source of SNEY income (as opposed to, say, revenue from mining) for the next 12 months. In my view, that bad news from SNEY (which mirrors what you have often said about operational revenues' being unlikely) is worse news than the bad news you cited about the costs of financing.
My point is that I could understand the acceptance of horrible financing terms in order to bring a very valuable find to market. I cannot understand the acceptance of horrible financing terms in order to tread water for another 12 months.
I have to go grill some steaks, so I am not going to have the opportunity to respond further.
I am an amateur at this, and it would be unwise to rely on my opinions without your own independent confirmation in consultation with an investment professional.
