Thursday, September 23, 2010 10:37:51 AM
They're not attractive to anyone. 300K does not make other companies sit up and take notice of them. As far as you know, every cent of that could have been earmarked and/or spent by now. What's their burn rate?
Why did the Loadcom deal fail? I'm sure it had nothing to do with the fact that they only have 300K and ZERO shares to offer. But of course, RMDM says Loadcom wanted too much in exchange? More like RMDM didn't have enough to offer. They might have, if they didn't lie and dilute under the shareholders noses. This thing isn't attractive to public investors, much less another company.
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