"The focus of this forum should be ...."
It is.
Learning about these kinds of financings and the inherent ramifications, by NIR , Yorkville , whoever , has been helpful to me and I assume to others , perhaps indicating the wisdom in looking hard before investing into the management of troubled companies who have few choices other than to take such loans. There are certainly thousands of other stocks to pick from.
SYTE , duly noted. Was the dollar amount of the financing significant? How did SYTE's new management extricate the company?
Have any other examples of bad management seeking toxic financings from NIR , how it worked out for them , etc?
TIA
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
