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S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,107.19
(
0.99%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
85.09
(
0.04%
)
Bitcoin
57,562.43
(
-0.34%
)
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damnthetorpedoes

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damnthetorpedoes

Re: gfp927z post# 519

Friday, 11/09/2012 11:35:08 AM

Friday, November 09, 2012 11:35:08 AM

Post# of 689
I'm not so sure equity financing is an option. First, they would have to declare (finally) a 1:6 RS, which would likely force the PPS down again - my guess is the stock would settle around $.30 post-RS. Then, they would have to try to sell at least 50M shares, probably more. I see little likelihood of that happening.
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