MedSmart Group Inc (MSGP)

[solong]

Not sure how getting current would help the company. I guess if they were going to use the stock (private offerings) it would but it looks like they've settled on the Sale Lease-back option for the build.

It would benefit shareholders as the price might get higher but with no news other than "we're current" and oh by the way we have 7.4bn shares o/s, I'm not even sure how far that would push the stock.

They need to be able to get funding for growth and I'm kind of glad they didn't choose, selling the stock as the means for growing the company.

Unless they can't sell the property and then I would guess we see a fairly massive reverse/split followed by private offerings of the stock.

I'm hoping for the property to sell!! So they can grow the company!

Frustrating for sure...