InvestorsHub Logo
Followers 272
Posts 8546
Boards Moderated 0
Alias Born 10/05/2010

Re: Tstorm post# 1777

Wednesday, 03/23/2011 6:04:22 PM

Wednesday, March 23, 2011 6:04:22 PM

Post# of 4570
I agree, I will check with the TA in a another couple weeks to see how bad the dilution is. According to the latest filings it looks as though their funding ran out and now they are forced to pay the bills by selling shares.

"We do not have sufficient cash to fund our operating expenses for the next twelve months, and plan to seek funding through the sale of our common stock. Without significant improvement in the capital markets, we may not be able to sell our common stock and funding may not be available for continued operations."

Join the InvestorsHub Community

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.