Not So Perfect
The company has the chance to dilute another 14,300,000 shares, and then the investor shorts it on the dilution. A wash deal for the investor, and another bad deal leading to more dilutive pressure on the pps.
And when you start to think about it, there really wasn't any revenues for the 3rd Qtr. Just some carryover from the 2nd Qtr. Any cash would have been absorbed by operational expenses, which is high. Not to mention the debt owed, which is also high. And now adding the strong possibility of some very heavy ATM dilution.
" Forward-Looking Statements "
... they will get you every time.
