Hi Mike
Yes, you are right. This is what I got as an answer.
Ken's answers are right after the asterisks at the end of my questions:
Hi Ken,
I haven't even dared to look at the shareprice today because I know it must
be shocking.
My questions are as follows:
1) The current shareprice is obviously a general market problem. Nasdaq has
fallen badly lately.
Does the current SP slump have an influence (positive or negative) on
GLMC's quest for
a new financing deal?***It doesn't help. There is a dilution factor to
consider. The less the price, the more shares you have to give up. It
makes it tough in this environment.
2) Could you please give me an idea of whether or not the chances for a
financing deal
are good? In your last mail you said it would be in the timeframe of 4
to 6 weeks for
a financing deal to come about.***Everything is contingent on financing.
We are talking to a number parties and will continue to move ahead. Jeff is
in NYC making the rounds.
3) Anything you can tell shareholders, anything at all????????????
I still can't almost believe this is happening. Who could have
guessed.***Not me...that's why I'm holding on to a substantial chunk at
"much higher levels" in other words: OUCH!!!
Cheers,
Ken
Very sincerely,
Ken says he is holding on to a substantial chunk of shares at "much higher levels". Well, selling at this point would be just peanuts and madness.
Thought I would share this all with you guys.
We're down another 26% TODAY: GEEZ
Shelley
