Sunday, April 27, 2008 11:44:33 AM
Bottomline, Cortex has enough cash to get to the July RD results (see cash estimate below), so I'm not going to worry much about a near term financing. If RD bombs, we're dead anyway. I'm not long Cortex at the moment, and plan to stay in flexible mode. We'll see what comes out of the SHM -
Jun - 10.3 mil
Jul - 9.2 mil
Aug - 8.0 mil
Sep - 6.8 mil
Oct - 5.6 mil
Nov - 4.5 mil
Concerning Igg-face, remember he showed up here right after Stoll rejected R+R's garbage offer, and Piros began his .30 cent hatchet job on Cortex. That's how Iggy could know about the financing plans 'ahead of time'. And that's why the thrust of his posts match Piros & Co exactly -- that Cortex needs to hang it up and sell/merge itself. His presence here is significant in its connection to R+R and whatever scumbag private investment outfit they have lined up to buy Cortex in a distress sale. JMHO.
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