Friday, December 07, 2007 1:01:21 AM
I'm working with a potential client right now to help create a promotional campaign so that they can get their stock price up. He has several pending LOI's but can't raise the financing due to his stock price being low. There is no reason why his stock price should be as low as it is. He could simply do a PIPE if he was desperate but he knows that would hurt the Company in the long term. CEO's like this understand the baggage that comes along with toxic funding because they hire folks like me to keep them from making that mistake. There are better ways to raise capital.
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