They will need to raise cash soon. That is certain. You agree?
Last summer when they got r/s approved, management owned 6.2%... and they rounded up consent from 51.7%. For which they add "No consideration was paid for the consent." I really wonder how Monarch Capital Fund Ltd. made out from this deal as they were on record as owning 25% at that time???
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.