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Alias Born | 04/08/2011 |
Tuesday, November 27, 2012 12:10:12 PM
A young company got in bed with some nasty financeers it seems that have dragged the price down substantially.
However, the company claims to have secured a $5M Line of credit which will offer them non-toxic financing going forward.
My suggestion to the company would be to use their non-toxic financing to buy out their toxic financing and get this POS back on track..
I do believe for those holding higher that the .005 range offers a great opportunity to average down and hopefully recoup some losses on the next move.
GL
DIK
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