Well, when the CEO states that it's a $ .05 stock, then this is why where are where we are at. IMHO Emil made the biggest mistake and shot himself in the foot when he mentioned crowding funds and 100 millions shares at $.05. He probably didn't realize he set the market. Big big mistake IMHO. Now how does he get out of it? White Knight or one major investor to buy up a big stake in the company. Or the BOD's buy back stock. Who knows!
He should of stated raising enough money for the next 18 months or so. Not the full projected four years of litigation. 25 million max @ $ .05 and addressed the remaining amount when the stock price is higher and if needed. I'm sure he's kicking himself in the butt over this. Like I said, he couldn't sell a bag of ice at beach. No clue had to market to the investment community.
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