Hugo is entitled to his opinion. Him and Derek have been bang on from $11 to 11 cents.Thats whats more important than quibbing about the last dime. I for one don't know nor care if she ever goes Chapter 11.It is a company which's debt exceeds assets by a considerable margin,sells a legacy product at very best.Shares of which will close sub a toonie this year,most likely hover $1.25-$1.50 next. IMHO
There's still retail investors ready and willing to be fleeced, so it's business as usual :)
And by fleeced I mean ready and willing to invest hard earned cash in the next big thing in the technology and IT world. It's a can't miss opportunity at these prices!
No, I repeatedly pointed out the estimated cash zero date estimate. Has been spot on, as they’ve raised ore equity, and now that that isn’t feasible (IMHO) have raised $2M more in high cost debt and now have authority for blank check preferred.