News Focus
News Focus
Followers 62
Posts 6154
Boards Moderated 0
Alias Born 01/19/2010

Re: dale45 post# 156865

Thursday, 07/01/2010 1:04:41 PM

Thursday, July 01, 2010 1:04:41 PM

Post# of 375420
That is my concern. From the PR about the funding delay, they now need to raise $1.7 million. It states they are doing that now. My thought is that they may say they have to raise the A/S and O/S briefly in order to raise this $1.7 million. Even if they are restricted shares given to a lender, this will not look good. Perhaps they are getting the $1.7 million without having to issue shares. Who knows? However, I don't know who would lend them this kind of money without stock.

We shall see.

All imo. GLTA.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y