InvestorsHub Logo
Followers 71
Posts 17460
Boards Moderated 0
Alias Born 08/29/2008

Re: mrgreen07 post# 18263

Tuesday, 02/02/2010 2:46:55 PM

Tuesday, February 02, 2010 2:46:55 PM

Post# of 130303
mrgreen - death spiral financing

How do you know. At what discount to the avg. share price were all those shares dumped, as reported in their last financials? This dilutive share issuance was about the only thing that paid the bills. There were no sales and NO cash left in the bank.

They likely still have no cash, and no sales.