Good posting but Bat has raised a real concern - the financing. The question will be how much dilution. Most investment bankers/venture capital grps what huge returns for taking a risk on small poorly capitalized companies. They do not what 50% or 100% returns. They usually what 10-20 times their investment. So with the price in the toilet this management does not have much bargaining power. My guess is if they get 10M the investors will want 100M back in 2-3 yrs. So if a fair price will be 10 dollars then which I hope so they will have to issue 10M shares to them. So when the financing comes out i bet the stock will be shorted down into the low .30ths and possibly into the .20ths. Management has only themselves to blame for letting the stock go down in the toilet. We will suffer more before we get back our money. What type of management lets an outsider right their PRS - this is according to you. What management pays for a consultant that turns into a promoter - ST. What management gets involved with an ex con. So we have to suffer for poor management. God I hope this thing turns by the end of this yr. It was a 08 play but with management not fighting to support the stock it has turned into an 09 play. Looks like 2 yrs+ to wait to get back our money due to this management if we ever get our money back.
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