How? You contradict yourself I believe, as I have in the past. On the one hand, you claim no one will give them money(meaning the terms are so horrific, the share price so low, that they will be unable to raise money of any significance), yet in your next breath, the management will drain every penny.
These would appear to be two distinct outcomes=)
The truth of your premise(the share price is so low they will not be able to raise meaningful cash) suggests the alternative of a speedy sale of the company. I'm not sure if Varney has the sway/power to force things in any other direction and I think he's done his best with a bad hand dealt to him. I think the sale will be the next big ticket pr and could occur to coincide with an interim financing as Neuro suggested.
I'm suggesting 30 cents a share by year end, although I wouldn't reject 40 cents or even 50 cents a share=)
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