Canary looks like it’s certainly starting to die... you know why miners used canaries? To see if they should go in themselves... we can replace “miners” with potential investors here... nobody with big money is going to come in and buy something that’s constantly spending 5-10x more than they make. Do the math of what you’d get from a 10 million settlement now... gotta pay 1.5 million to litigation funders after paying off lawyers. Lawyers took about 45% last settlement. So you’re down to 4 million. Then another 10% of that goes to litigation funders. Down to 3.6 million. 3.6 million plus 900k cash on hand. 4.5 million. I seem to remember that number 12 months ago. OH and the promissory notes that are due. That’s over a million total. Back to 3.5. Looks like they’ll need another emergency settlement in 4 quarters. That’s IF they got 10 million. It’s not all peaches and roses. Good thing there’s a shareholder’s meeting. Someone needs to put Kay on blast
News 
Market Data 
Discover 
