Pumped? Did I miss something? Was there a PR? An announcement of a pending contract? What'd I miss?
Or maybe the next round of financing will be like the last. Do you remember the terms? I believe they were non-convertible (non-dilutive) interest-bearing notes. Something like 3 or 400K worth to keep things afloat for the quarter. So someone forked over more than $300,000 and got a piece of paper in return that can't be converted into stock at a time when the PPS was around a penny. That means they didn't care what the PPS was as their only means of recovery was cash repayment. Who would be so silly as to expect cash repayment from a stinky pinky that is on the breach of announcing a 50% increase in authorized or a RS? If anyone knows who that was, please give me his number, I have some paper I want to sell him lol.
I thought pumping a stock was to get the PPS up so that you could sell into it. How does that work if the financing is coming in the form of non-convertible notes?
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