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Tuesday, January 12, 2010 11:00:27 AM
a) to cancell as much preffered as possible
b) to effect RS 1:5 or 1:10 to reduce OS to some 10M ( authorised
are not affected so we still have 100M AUTH )
But unfortunatly this will not solve the main problem which is evidently lack of working capital.This I believe is main problem.
Because until there is some at least mid-term credit lines available
in some 1-2M$ the situation will not improve.With such in-flow of fresh money it really shouldn't be difficult to:
1) making company fully reporting
2) leaving PINKS and uplisted it to OTCBB
Anything else, IMO , is just bouncing cat game.
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