Wow, I'm showing a tremendous spread between the bid and the ask right now on RSPG. Bid 1.85 and Ask 2.92 - this now has to be one of the riskest stock on the pinks. Can you imagine buying this at 2.92, and then finding out that you can only sell it 1.85.
Looks like the low is 1.92. What I want to know as an investor is where is the cash coming from? They just spent a fortune on the remodel of the plant, now spending a fortune on the CNBC ticker, what's next. Were they planning on the money from Togo to come in and now they ramped up to much expense and cant pay the bills. If VERT and VIEW are shorting this stock who has to money to continue to support this stock? Management sure doesn't they are spending like drunken sailors. I hope this company makes it - I do like the concept and did make money on this stock. However, I just have some lingering questions.
Anybody here can shed some light?
Fred in Lincoln, NE